Step 4: Equipment Spoilage Costs
Another benefit of better early training on vascular access simulators was found to be a reduction in wasted IV kits.

Reduction in Equipment Spoilage Costs clear page values reset model help Frost & Sullivan Study Data Your Data 4.a) Reduction in Equipment Spoilage Costs (per year) $11,990 $0   Annual cost due to wastage of IV kits. $15,987 $   Percent reduction in annual budget due to better training 75.0%   %