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Return on Investment from Simulation-Based Mastery Learning

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Comprehensive Healthcare Simulation: Mastery Learning in Health Professions Education

Part of the book series: Comprehensive Healthcare Simulation ((CHS))

Abstract

This chapter presents a business case for simulation-based mastery learning (SBML). SBML projects in medical education often yield downstream return on investment (ROI) which can be calculated using the Phillips ROI model. The Phillips ROI model first involves performing a business alignment needs assessment, determining the cost of an identified problem, and assessing how SBML can be a solution. Subsequently, the ROI model evaluates both inputs (cost) and outputs (outcomes) to ensure that institutions receive maximum effect from improvement initiatives. The chapter has four sections: (a) description of the Phillips ROI methodology, (b) an example of use of the ROI model with SBML, (c) additional examples of ROI, and (d) stakeholder engagement: convincing the C-suite. The chapter concludes with a brief coda.

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Author information

Authors and Affiliations

  1. Northwestern University Feinberg School of Medicine, Departments of Medicine and Medical Education, Chicago, IL, USA

    Jeffrey H. Barsuk & Diane B. Wayne

  2. Northwestern University School of Professional Studies (retired), Chicago, IL, USA

    Sidney A. Barsuk

Authors
  1. Jeffrey H. Barsuk
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  2. Sidney A. Barsuk
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  3. Diane B. Wayne
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Corresponding author

Correspondence to Jeffrey H. Barsuk .

Editor information

Editors and Affiliations

  1. Northwestern University Feinberg School of Medicine, Departments of Medical Education and Preventive Medicine, Chicago, IL, USA

    William C. McGaghie

  2. Northwestern University Feinberg School of Medicine, Departments of Medicine and Medical Education, Chicago, IL, USA

    Jeffrey H. Barsuk

  3. Northwestern University Feinberg School of Medicine, Departments of Medicine and Medical Education, Chicago, IL, USA

    Diane B. Wayne

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Barsuk, J.H., Barsuk, S.A., Wayne, D.B. (2020). Return on Investment from Simulation-Based Mastery Learning. In: McGaghie, W., Barsuk, J., Wayne, D. (eds) Comprehensive Healthcare Simulation: Mastery Learning in Health Professions Education. Comprehensive Healthcare Simulation. Springer, Cham. https://doi.org/10.1007/978-3-030-34811-3_19

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  • DOI: https://doi.org/10.1007/978-3-030-34811-3_19

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-34810-6

  • Online ISBN: 978-3-030-34811-3

  • eBook Packages: MedicineMedicine (R0)

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