Human Capital Accumulation in Medical Simulated Learning Environments: A Framework for Economic Evaluation

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Author(s): Fiorentina Angjellari-Dajci (Jacksonville University, USA), Christine Sapienza (Jacksonville University, USA), William F. Lawless (Paine College, USA)and Kathleen Kavanagh (Jacksonville University, USA)
Copyright: 2019
Pages: 25
Source title: Human Performance Technology: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-8356-1.ch015

Keywords: Business Science Reference / Human Aspects of Business / Human Aspects of Technology / Social Sciences & Humanities

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Abstract

Economic evaluations of the use of medical simulation in nursing curricula to enhance human capital and positively affect clinical and patient outcomes are rare. This chapter first provides a conceptual model of the use of simulated learning environments (SLEs) in nursing curricula and associated clinical and patient outcomes. Second, it reviews economic evaluation methods in medical simulation drawing from similar fields, such as aviation. Third, it provides a methodological framework for conducting full economic evaluations of SLE programs, which includes the identification, measurement, valuation and comparison of all relevant economic benefits with economic costs for any competing programs. The framework used in this chapter has applicability to any health care field, in which medical simulations are used as an alternative program, to serve as a guide, or be adopted with ease.

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Human Capital Accumulation in Medical Simulated Learning Environments: A Framework for Economic Evaluation

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