2.50
Hdl Handle:
http://hdl.handle.net/10755/163444
Category:
Abstract
Type:
Presentation
Title:
The Fiscal Benefits of Evidence Based Nursing Practice
Author(s):
Holly, Cheryl; Bowar-Ferres, Susan
Author Details:
Cheryl Holly, RN, EdD, Director of Research, NYU Langone Medical Center Nursing, New York, New York, USA, email: cheryl.holly@nyumc.org; Susan Bowar-Ferres, RN, PhD, CNAA
Abstract:
Purpose: The purpose of this study was to describe three evidence- based practice initiatives and provide an analysis of the fiscal benefits of these three projects, including calculation of a cost-effectiveness ratio. Theoretical Framework: Cost effective analysis provided the framework for this study. One main outcome of fiscal interest was chosen for each case study and a cost-effectiveness ratio calculated. The ratio(s) represented the differences between the cost associated with the initiative prior to and following implementation of the evidence based project. Methods (Design, Sample, Setting, Measures, Analysis): Design: Using a case study approach, 3 evidence based practice projects will be presented with the cost effectiveness associated with each emphasized. Sample: Case Study 1: Reduction in LOS in children in a perioperative area; Case Study 2: Use of oxygen delivery systems between nursing units; Case Study 3: Nurse retention on a solid organ transplant unit. Setting: An academic medical center in a highly urban area; Measures: Before and after costs associated with each initiative. Outcomes were measured in the same units between alternatives. E.g., Case Study 1: OR time; Case Study 2: Oxygen delivery systems; Case Study 3: nurse turnover. Analysis: Descriptive statistics. Results: Case #1: OR time was decreased an average of 34 minutes per case or $236 per case. Case #2: Oxygen delivery systems were standardized across units and costs decreased from $3000 per month to less than $1000. Case #3: Though modest, the turnover rate dropped 3% saving orientation costs of about $45,000 per nurse. Conclusions and Implications: It was concluded that evidence based practice initiatives have the potential to save money even when savings is not the original intent. Statistical significance was found in the savings associated with all three projects.
Repository Posting Date:
27-Oct-2011
Date of Publication:
27-Oct-2011
Conference Date:
2006
Conference Name:
18th Annual Scientific Sessions
Conference Host:
Eastern Nursing Research Society
Conference Location:
Cherry Hill, New Jersey
Description:
�New Momentum for Nursing Research: Multidisciplinary Alliances�, held on April 20th -22nd at the Hilton in Cherry Hill, New Jersey
Note:
This is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.

Full metadata record

DC FieldValue Language
dc.type.categoryAbstracten_US
dc.typePresentationen_GB
dc.titleThe Fiscal Benefits of Evidence Based Nursing Practiceen_GB
dc.contributor.authorHolly, Cherylen_US
dc.contributor.authorBowar-Ferres, Susanen_US
dc.author.detailsCheryl Holly, RN, EdD, Director of Research, NYU Langone Medical Center Nursing, New York, New York, USA, email: cheryl.holly@nyumc.org; Susan Bowar-Ferres, RN, PhD, CNAAen_US
dc.identifier.urihttp://hdl.handle.net/10755/163444-
dc.description.abstractPurpose: The purpose of this study was to describe three evidence- based practice initiatives and provide an analysis of the fiscal benefits of these three projects, including calculation of a cost-effectiveness ratio. Theoretical Framework: Cost effective analysis provided the framework for this study. One main outcome of fiscal interest was chosen for each case study and a cost-effectiveness ratio calculated. The ratio(s) represented the differences between the cost associated with the initiative prior to and following implementation of the evidence based project. Methods (Design, Sample, Setting, Measures, Analysis): Design: Using a case study approach, 3 evidence based practice projects will be presented with the cost effectiveness associated with each emphasized. Sample: Case Study 1: Reduction in LOS in children in a perioperative area; Case Study 2: Use of oxygen delivery systems between nursing units; Case Study 3: Nurse retention on a solid organ transplant unit. Setting: An academic medical center in a highly urban area; Measures: Before and after costs associated with each initiative. Outcomes were measured in the same units between alternatives. E.g., Case Study 1: OR time; Case Study 2: Oxygen delivery systems; Case Study 3: nurse turnover. Analysis: Descriptive statistics. Results: Case #1: OR time was decreased an average of 34 minutes per case or $236 per case. Case #2: Oxygen delivery systems were standardized across units and costs decreased from $3000 per month to less than $1000. Case #3: Though modest, the turnover rate dropped 3% saving orientation costs of about $45,000 per nurse. Conclusions and Implications: It was concluded that evidence based practice initiatives have the potential to save money even when savings is not the original intent. Statistical significance was found in the savings associated with all three projects.en_GB
dc.date.available2011-10-27T11:07:41Z-
dc.date.issued2011-10-27en_GB
dc.date.accessioned2011-10-27T11:07:41Z-
dc.conference.date2006en_US
dc.conference.name18th Annual Scientific Sessionsen_US
dc.conference.hostEastern Nursing Research Societyen_US
dc.conference.locationCherry Hill, New Jerseyen_US
dc.description�New Momentum for Nursing Research: Multidisciplinary Alliances�, held on April 20th -22nd at the Hilton in Cherry Hill, New Jerseyen_US
dc.description.noteThis is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.-
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