Return on investment for a perioperative nurse fellowship.
In 1998, Inova Health System, Falls Church, Va, implemented a perioperative nurse fellowship program to train nurses to fill a large number of vacancies in Inova ORs. The educators at Inova did not have data to determine whether the program was cost-effective, so they conducted an analysis of the program's return on investment (ROI). This article reviews the steps they took to ascertain the program's costs and benefits. Computing ROI presented a clear financial rationale for the creation and maintenance of the periopeative nurse fellowship program.
Inova Learning Network, Inova Health System, Falls Church, VA, USA.
Audrey E
AE
Sandhusen
Barbara S
BS
Rusynko
Nadine P
NP
Wethington
D003362:Cost-Benefit Analysis; D003365:Costs and Cost Analysis; D004506:Education, Nursing / Q000191:economics; D005257:Fellowships and Scholarships / Q000191:economics*; D006801:Humans; D007449:Investments; D013527:Perioperative Nursing / Q000191:economics / Q000193:education*; D012456:Salaries and Fringe Benefits; D014768:Virginia