ROI and Making the Case for Simulation

If you plan on introducing or growing simulation within your institution, someone in your approval structure is likely to ask, “What’s the Return on Investment, the ROI?” For you to be successful in addressing that issue, experts advise that you find common ground by engaging and involving senior stakeholders from the start.

Senior management seeks solutions to achieve better performance and improve patient outcomes. If you define your gains correctly, using day-to-day goals and metrics, you are more likely to garner stakeholder attention and support early on.