Vascular Access ROI Model: Faster Time to Competence

Step 3: Faster Time to Competence
This section relates to the notion that the faster a trainee can achieve proficiency in IV access procedures, the more valuable they are to their institution. Since this concept is not universally accepted, you may opt to disregard this benefit and remove it from the model's calculation. (See also Other Benefits: Faster Time to Competence.)

Faster Time to Competence	clear page values reset model		help
	Frost & Sullivan Study Data	Your Data
The value to your institution of faster time to competence	$48,750	$0
3.a) Do nurse trainees and residents provide a financial benefit to your institution?	Yes		Yes No
3.b) By how much would a nurse's or resident's value to your institution increase, if they could achieve competence in IV access procedures in three weeks?	$750	$
How many nurses or residents do you train?	65