Assignment: Nurses in Profession

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Assignment: Nurses in Profession

Assignment: Nurses in Profession

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calculate finan-

cial impact with scenario examples, including simple cost analysis, benefitYcost ratios, cost-effectiveness analysis, and ROI (Opperman, Liebig, Bowling, Johnson, & Harper, 2016b). Through examples of various-sized educational programs, it was demonstrated how an NPD practitioner can use these calculations for decision-making.

INTRODUCTION This article builds on the themes of the prior two articles on ROI. Following these publications, presentations at the Annual ANPD Conventions, and numerous webinars, re- quests were received for updating the literature search and the tables on the Known Costs of Outcomes Table. These requests led to this article. This article will describe the recent literature including four articles having educa- tional interventions with reported outcomes and financial impact published between 2014 and 2018. Following the literature review, the updated Known Costs of Outcomes Table lists the economic impact of a variety of conditions.

UPDATE OF LITERATURE REVIEW The original project used the seven steps of evidence base practice described by Melnyk and Fineout-Overholt (2015). Using the same keywords, the literature was exam- ined for interventional studies that included an educational intervention and calculation of financial impact. Four addi- tional articles were found demonstrating increasing awareness of the need to calculate and publish financial impact of professional development activities (see Table 1).

Frampton et al. (2014) completed a literature search of studies reporting educational interventions for preventing vascular catheter bloodstream infections, resulting in 74 studies between 2000 and 2012. This 398-page report used a decision-analytic economic model to analyze the cost- effectiveness of educational interventions for preventing catheter bloodstream infections. The model showed di- verse types of educational interventions reduce the incidence, increasing survival by 3.55 years and 2.72 QALYs (quality- adjusted life-years).

Kram, DiBartolo, Hinderer, and Jones (2015) imple- mented the ABCDE bundle for patients in the intensive

Cathleen Opperman, DNP, RN, NEA-BC, CPN, is Professional Devel- opment Nurse Specialist, Nationwide Children’s Hospital, Columbus, Ohio.

Debra Liebig, MLA, BSN, RN-BC, is Program Manager, Accreditation & Regulatory Readiness, Children’s Mercy Kansas City, Missouri.

Judith Bowling, PhD, MHA, RN-BC, is Clinical Learning Educator, Baptist Health South Florida, Miami.

Carol Susan Johnson, PhD, RN-BC, NE-BC, is Principal, Innovations LLC, Fort Wayne, Indiana.

The authors declare no conflicts of interest.

ADDRESS FOR CORRESPONDENCE: Cathleen Opperman, Nation- wide Children”s Hospital, 255 East Main St., Columbus, OH 43205 (e<mail:

DOI: 10.1097/NND.0000000000000483

1.5 ANCC Contact Hours

Journal for Nurses in Professional Development 303

JNPD Journal for Nurses in Professional Development & Volume 34, Number 6, 303Y312 & Copyright B 2018 Wolters Kluwer Health, Inc. All rights reserved.

Copyright © 2018 Wolters Kluwer Health, Inc. All rights reserved.

care unit (ICU) by educational interventions resulting in a decreased average length of stay and decreasedmechanical ventilation days.

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