Cost justifying a pharmacy residency program

Philip J Schneider, D. M. Boman, J. A. Bourret, B. Q. Ngu, S. M. Ouellette, D. M. Smeek

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

Cost justification of a pharmacy residency training program was prepared. The contributions of the pharmacy residents were tabulated and compared with the cost of the program to the hospital. Contributions were determined by identifying the activities performed by residents that could be quantified in financial terms. The residents' activities that benefited the hospital included administrative support, completion of special projects, scheduling staff assignments, and coordinating education programs. Costs were derived from salaries, fringe benefits, and training expense. An output value analysis was performed by comparing the contributions of the residents to the institution with the cost of the training program. The contributions of the residents exceeded the costs of the training program by a ratio of 1.3 to 1.

Original languageEnglish (US)
Pages (from-to)1517-1520
Number of pages4
JournalAmerican Journal of Hospital Pharmacy
Volume39
Issue number9
StatePublished - 1982
Externally publishedYes

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Pharmacy Residencies
Costs and Cost Analysis
Education
Salaries and Fringe Benefits

ASJC Scopus subject areas

  • Pharmaceutical Science
  • Leadership and Management

Cite this

Schneider, P. J., Boman, D. M., Bourret, J. A., Ngu, B. Q., Ouellette, S. M., & Smeek, D. M. (1982). Cost justifying a pharmacy residency program. American Journal of Hospital Pharmacy, 39(9), 1517-1520.

Cost justifying a pharmacy residency program. / Schneider, Philip J; Boman, D. M.; Bourret, J. A.; Ngu, B. Q.; Ouellette, S. M.; Smeek, D. M.

In: American Journal of Hospital Pharmacy, Vol. 39, No. 9, 1982, p. 1517-1520.

Research output: Contribution to journalArticle

Schneider, PJ, Boman, DM, Bourret, JA, Ngu, BQ, Ouellette, SM & Smeek, DM 1982, 'Cost justifying a pharmacy residency program', American Journal of Hospital Pharmacy, vol. 39, no. 9, pp. 1517-1520.
Schneider PJ, Boman DM, Bourret JA, Ngu BQ, Ouellette SM, Smeek DM. Cost justifying a pharmacy residency program. American Journal of Hospital Pharmacy. 1982;39(9):1517-1520.
Schneider, Philip J ; Boman, D. M. ; Bourret, J. A. ; Ngu, B. Q. ; Ouellette, S. M. ; Smeek, D. M. / Cost justifying a pharmacy residency program. In: American Journal of Hospital Pharmacy. 1982 ; Vol. 39, No. 9. pp. 1517-1520.
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