News and Comment

A guide to economic assessment in nursing: new pamphlet published

Tuesday 31 March 2015

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RCN publishing have brought together five articles, which were originally published in Nursing Management, to form one standalone guide to economic assessment in nursing. The articles were written by OPM director Dr Chih Hoong Sin and RCN’s research and innovation manager, Dr Ann McMahon and cover:

  • the principles of economic assessment
  • ways to apply these in practice
  • a number of tools and templates
  • suggested ways to put monetary values against different costs and benefits
  • and concludes with seven approaches to conducting economic assessments.

Together they offer readers a step by step guide to critically examine economic assessments in the context of nurse-led service innovation, and include exercises to help readers put their new knowledge into practice. However, despite the fact these articles were written with a nursing readership in mind, they are designed to be accessible to all novices in economic assessment, and the principles, tools and procedures are also relevant those outside the nursing field.

For more information, or for a hard copy of the pamphlet, please contact Lawrence Finkle OPM’s Communications Officer on lfinkle@opm.co.uk.