ERIC Number: ED224533
Record Type: RIE
Publication Date: 1982
Reference Count: 0
An Overview of Cost-Benefit Analysis for Educators of Health Care Providers.
Kober, Thomas E.
This introduction to the major concepts of cost-benefit analysis (CBA) is intended for individuals involved in health care provider education who are attempting to measure the costs and benefits of their educational activities. After tracing the development of CBA, the paper defines it as an attempt to quantify and compare the expenditures for a project with the value of the finished project and identifies the ways information gained from CBA can be used. In addition, the paper looks at problems associated with the use of CBA, such as the difficulty in assigning dollar values to attitude changes, aesthetic values, and increased quality of life; the costs of the analysis; and the inability of CBA to take social and environmental effects into consideration. Next, a summary is provided of methods used to determine fixed and variable costs, and examples are cited of less expensive ways of providing health care training, such as cooperative programs, student self-training, the elimination of unnecessary units, and student-financed training. The following section of the paper looks at ways of determining direct, indirect, and long-term benefits, considering problems in evaluating revenue-producing services; citing possible assessment areas such as employee turnover and effectiveness of training; and reviewing a CBA of a physical fitness program as an example of setting objectives and determining benefits. A glossary of terms and bibliography conclude the paper. (AYC)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A
Note: Prepared at Cincinnati Technical College.