The Return on Investment value of integrating the WHO Patient Safety Curriculum in Nursing Diploma: Forecasting case study

Abstract

Objectives: To forecast the monetary impact by using Return on Investment (ROI) when integrating the World Health Organization (WHO) patient safety curriculum within the two years of an active diploma duration for 2019 and 2021 classes based on reported Hospital- Acquired Pressure Ulcers (HAPU) events. Methods: During this cross-sectional study, we compared the financial impact of integrating the WHO Patient Safety Curriculum in one 2-year diploma program in Saudi Hospital for class 2019 and 2021. All 51 qualified students were identified and included in this study. Demographic and patient safety perceptions for all students in both categories were analyzed and supported by historical data and students’ feedback. Results: The whole revenue estimation for unaffiliated students’ fees during one program was found higher than the total estimated benefits from forecasting. The total monetary cost estimation was higher than the integrated Diploma’s cost during the program that was paid once. The ROI is ( 7.73%). The HAPU percentage was lower than the MOH benchmark. The highest mean was for the personal attitude to patient safety, and the lowest was for knowledge of error and patient safety (4.05 0.66 and 3.33 0.74, respectively). Conclusions: The study indicated a negative value from business perspectives; however, the projected multiple intangible benefits on education and training of the health sector are significant.