Communicating value in simulation: cost-benefit analysis and return on investment
Value-based health care requires a balancing of medical outcomes with economic value. Administrators need to understand both the clinical and the economic effects of potentially expensive simulation programs to rationalize the costs. Given the often-disparate priorities of clinical educators relative to health care administrators, justifying the value of simulation requires the use of economic analyses few physicians have been trained to conduct. Clinical educators need to be able to present thorough economic analyses demonstrating returns on investment and cost-effectiveness to effectively co... Show more
Authors:
Published: [London, England], Wiley on behalf of the Society for Academic Emergency Medicine, 2018
Resource type: Article
Access item: https://doi.org/10.1111/acem.13327
Show more