scholarly journals A Cost-Benefit Analysis of Gown Use in Controlling Vancomycin-ResistantEnterococcusTransmission Is It Worth the Price?

2004 ◽  
Vol 25 (5) ◽  
pp. 418-424 ◽  
Author(s):  
Laura A. Puzniak ◽  
Kathleen N. Gillespie ◽  
Terry Leet ◽  
Marin Kollef ◽  
Linda M. Mundy
Keyword(s):  
Infection Control ◽  
Nosocomial Infections ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Base Case ◽  
Benefit Analysis ◽  
Net Benefit ◽  
Control Policies ◽  
Services Delivery ◽  
The Cost

AbstractObjective:To determine the net benefit and costs associated with gown use in preventing transmission of van-comycin-resistantEnterococcus(VRE).Design:A cost-benefit analysis measuring the net benefit of gowns was performed. Benefits, defined as averted costs from reduced VRE colonization and infection, were estimated using a matched cohort study. Data sources included a step-down cost allocation system, hospital informatics, and microbiology databases.Setting:The medical intensive care unit (MICU) at Barnes-Jewish Hospital, St. Louis, Missouri.Patients:Patients admitted to the MICU for more than 24 hours from July 1, 1997, to December 31, 1999.Interventions:Alternating periods when all healthcare workers and visitors were required to wear gowns and gloves versus gloves alone on entry to the rooms of patients colonized or infected with VRE.Results:On base-case analysis, 58 VRE cases were averted with gown use during 18 months. The annual net benefit of the gown policy was $419,346 and the cost per case averted of VRE was $1,897. The analysis was most sensitive to the level of VRE transmission.Conclusions:Infection control policies (eg, gown use) initially increase the cost of health services delivery. However, such policies can be cost saving by averting nosocomial infections and the associated costs of treatment. The cost savings to the hospital plus the benefits to patients and their families of avoiding nosocomial infections make effective infection control policies a good investment.

scholarly journals Cost-benefit Analysis of Seedling Production on Floating Beds in a Few Selected Areas of Bangladesh

2019 ◽  
Vol 7 (2) ◽  
pp. 75
Author(s):  
Mohammod Akbar Kabir ◽  
Md. Moniruzzaman ◽  
Kawsar Jahan ◽  
Md. Shahjahan
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Sampling Technique ◽  
Primary Data ◽  
Seedling Production ◽  
Benefit Analysis ◽  
Net Benefit ◽  
Government Aid ◽  
Combat Climate Change ◽  
The Cost

The aim of this study was to calculate the cost benefit analysis and economic viability of seedling production on the floating bed at Nazirpur Upazila in Pirojpur district of Bangladesh. The study area was selected purposively and 50 households (HHs) were surveyed through purposive sampling technique from a population of 80 households. From the results of those primary data, it was found that 68% farmers were engaged in seedling production as business purpose, and 30% as both own and business, 21 vegetables and spices seedlings were cultivated in the studied area. Average per square meter cost for floating seedling cultivation found BDT (Bangladeshi taka) 281 and benefit was BDT 401. The net benefit of floating agriculture found BDT 120 and with a BCR of 1.43. Income from floating seedlings mainly utilized in winter vegetable cultivation (Kandi), mainstream agriculture, business, house development and land purchase etc. Fifty percent (50%) of the floating farmers mentioned various constraints regarding floating seedling production such as lack of government aid, higher interest from NGOs and lack of capital. Among the surveyed respondents, 64% agreed that floating cultivation is effective to combat climate change and 76% replied as beneficial to the environment. Although floating agriculture is an indigenous age-old practice in the South-western region of Bangladesh, it can be replicated with the help of subsidy and agro-technology.

Environmental costs and their impact on the net present value of a hydro-electric project in Kerala, India

2003 ◽  
Vol 8 (2) ◽  
pp. 311-330 ◽  
Author(s):  
V. Santhakumar ◽  
Achin Chakraborty
Keyword(s):  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Environmental Costs ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Net Benefit ◽  
Pulp Industry ◽  
The Social ◽  
The Cost

This paper presents the operational procedures involved in incorporating the environmental costs in the cost–benefit analysis of a hydro-electric project. The proposed project, if implemented, would result in the loss of 2,800 hectares of tropical forests and dislocation of two settlements of about 200 families who are currently dependent on the forests for their livelihood. The forests are mainly used for extracting reed – a material used both by traditional artisans and the paper-pulp industry. The potential environmental costs and benefits of the project are identified and approximate estimates of some of these costs are made for items such as carbon sequestration, bio-diversity, and so on, based on similar estimates made elsewhere. These estimated environmental costs are incorporated into the analysis, and the hypothetical estimate of the non-use value, which would make the project's net benefit zero, is estimated under different discount rates. The analysis brings into sharp focus some crucial factors that have a direct bearing on the social trade-off involved in the project choice.

scholarly journals Nosocomial Infections in a Tertiary Healthcare Center in Lebanon: Optimization of Safety Protocols

2021 ◽  
Vol 3 (1) ◽  
pp. 201-205
Author(s):  
Pamela Abdallah ◽  
Clara Chaiban ◽  
Raymond El-Hajj ◽  
Claude Afif ◽  
Elias Chalhoub
Keyword(s):  
Infection Control ◽  
Nosocomial Infections ◽  
Cost Benefit Analysis ◽  
Medical Center ◽  
Cost Benefit ◽  
Physician Satisfaction ◽  
Benefit Analysis ◽  
Control And Prevention ◽  
Corrective Actions ◽  
Infection Control And Prevention

Objective: The Saint George Hospital – University Medical Center (SGH-UMC)– in Ashrafieh, Lebanon – aims at achieving excellence in medical services by empowering the Infection Control and Prevention Department (ICPD) to maintain a healthy environment and ensure the safety of patients and medical personnel equally. In association with the University of Balamand, two interventions were employed to attempt at further ameliorating the ICPD and the patient safety. Interventions: The first intervention constitutes of a cost-benefit analysis to evaluate the possibility of substituting the use of reusable gowns with disposable ones and the second is a questionnaire allowing the evaluation of the physician satisfaction with the ICPD at SGH-UMC. Results: The cost-benefit analysis suggested that the use of reusable gowns was more cost effective than the use of disposable gowns even after taking into consideration the attributable cost of nosocomial infections. The physician’s satisfaction questionnaire highlighted the physician’s various perceptions regarding the ICPD and the infection control and prevention in the hospital and recommended some corrective actions to overcome the obstacles faced. Conclusion: The process of quality improvement requires the employment of several quality tools, identifying the problems and attempting to solve them; therefore, development and distinction can only be attained after a process of self-evaluation, troubleshooting and corrective actions.

scholarly journals Economic Impact and Cost Benefit of the Inpatient Clinical Pharmacist Interventions in Cancer Care Units

2022 ◽  
Author(s):  
Dina Abushanab ◽  
Amaal Gulied ◽  
Anas Hamad ◽  
Palli Valappila Abdul Rouf ◽  
Moza Al Hail ◽  
...  
Keyword(s):  
Clinical Pharmacist ◽  
Cancer Care ◽  
Cost Benefit Analysis ◽  
Cost Savings ◽  
Cost Benefit ◽  
Therapeutic Interventions ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Net Benefit ◽  
The Cost

Abstract Background: Clinical pharmacists play a key role in ensuring the optimum use of cancer medicines. Yet, the economic benefit of this role has never been assessed in Qatar. Aim: To evaluate the overall economic impact of clinical pharmacist interventions in the main cancer care setting in Qatar. Methods: From the public healthcare perspective, this was an analysis of the total economic benefit and a cost-benefit analysis of the clinical pharmacy interventions. As a study sample size, patient records in March 2018, July/August 2018, and January 2019 were retrospectively reviewed at the National Center for Cancer Care & Research (NCCCR), Qatar. The total benefit from interventions was the total of the cost avoidance due to preventable adverse drug events (ADEs) plus the cost savings associated with therapeutic interventions. The interventions cost was based on salary and increased cost due to therapeutic interventions. The cost-benefit analysis results were presented via net benefit and benefit‐to‐cost ratio measures. Results : Total of 1,352 interventions occurred during the 3-month follow-up period. The total benefit was QAR 196,010,360 (USD53,834,206), constituting cost avoidance of QAR 194,764,534 (USD 53,492,040) and cost savings of QAR 1,245,826 (USD 342,166), mostly due to recommending additional medications and the medication dose reduction. The benefit-to-cost ratio was 174:1 and the annual net benefit was QAR 779,539,440 (USD 214,100,351). Sensitivity analyses confirmed the robustness of results. Conclusion: The clinical pharmacist intervention is a cost-beneficial practice in the NCCCR setting, associated with ADEs prevention and substantial economic benefits, including relative to the interventions cost.

Persuasion and Economic Efficiency: The Cost-Benefit Analysis of Banning Abortion

1993 ◽  
Vol 9 (2) ◽  
pp. 229-252 ◽  
Author(s):  
Julianne Nelson
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Status Quo ◽  
Benefit Analysis ◽  
Pareto Improvement ◽  
Net Benefit ◽  
Policy Debates ◽  
The Status ◽  
The One ◽  
The Cost

How do economists persuade their readers that one policy is superior to another? A glance at the literature on welfare economics quickly provides the answer to this question: Economists enter policy debates armed with mathematical models, evaluating options on the basis of their consequences. Economists typically classify a policy change as a welfare (or “potential Pareto”) improvement with respect to the status quo if the gain realized by the winners exceeds the harm sustained by the losers. The best policy becomes the one that generates the highest net benefit.

scholarly journals Cost-benefit analysis of flight extended operations (ETOPS) for Garuda Indonesia airways

2018 ◽  
Vol 49 ◽  
pp. 02015
Author(s):  
Ratna Purwaningsih ◽  
Lakshita Pritandari ◽  
Haryo Santoso
Keyword(s):  
Travel Time ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Structure ◽  
Benefit Analysis ◽  
Fuel Cost ◽  
Net Benefit ◽  
Cost Component ◽  
Direct Flight ◽  
The Cost

Garuda Indonesia reducing the flight cost used flight extended operations (ETOPS). ETOPS can reduce travel time and fuel consumption. The cost-benefit analysis was conducted to compare the flight between NON ETOPS flight and ETOPS flight Cengkareng - Perth - Cengkareng route. Net benefit of ETOPS flight is USD 1.212.863 and NON ETOPS is USD 1.154.894. Cost structure analysis was conducted to identify the percentage of flight cost component. The biggest percentage of cost was direct flight cost. It is equal to 49,53% for route Cengkareng - Perth NON-ETOPS and 47,70% for ETOPS. While for the route Perth Cengkareng NON-ETOPS and ETOPS have the same amount of 46.03%. Based on the results of the cost-benefit analysis, it is evident that the ETOPS flight can reduce the fuel cost, although the flight requires trained pilots. Contribution of the paper is brief describe on the structure of revenue and expenditure items in airways business. The structure is specific, different from other transportation business.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

What's it Worth? Improving Surface Water Quality

1999 ◽  
Vol 40 (10) ◽  
pp. 153-159 ◽  
Author(s):  
D. H. Newsome ◽  
C. D. Stephen
Keyword(s):  
Water Quality ◽  
Surface Water ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Surface Water Quality ◽  
Control Measures ◽  
Benefit Analysis ◽  
The Cost

Many countries are investing in measures to improve surface water quality, but the investment programmes for so doing are increasingly becoming subject to cost-benefit analysis. Whilst the cost of control measures can usually be determined for individual improvement schemes, there are currently no established procedures for valuing the benefits attributable to improved surface water quality. The paper describes a methodology that has been derived that now makes this possible.

scholarly journals Economic Analysis of the Use of VCS2000 for Pork Carcass Meat Yield Grading in Korea

Animals ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 1297
Author(s):  
Juntae Kim ◽  
Hyo-Dong Han ◽  
Wang Yeol Lee ◽  
Collins Wakholi ◽  
Jayoung Lee ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Feed Consumption ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Labor Costs ◽  
Meat Yield ◽  
The Cost

Currently, the pork industry is incorporating in-line automation with the aim of increasing the slaughtered pork carcass throughput while monitoring quality and safety. In Korea, 21 parameters (such as back-fat thickness and carcass weight) are used for quality grading of pork carcasses. Recently, the VCS2000 system—an automatic meat yield grading machine system—was introduced to enhance grading efficiency and therefore increase pork carcass production. The VCS2000 system is able to predict pork carcass yield based on image analysis. This study also conducted an economic analysis of the system using a cost—benefit analysis. The subsection items of the cost-benefit analysis considered were net present value (NPV), internal rate of return (IRR), and benefit/cost ratio (BC ratio), and each method was verified through sensitivity analysis. For our analysis, the benefits were grouped into three categories: the benefits of reducing labor costs, the benefits of improving meat yield production, and the benefits of reducing pig feed consumption through optimization. The cost-benefit analysis of the system resulted in an NPV of approximately 615.6 million Korean won, an IRR of 13.52%, and a B/C ratio of 1.65.

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