In healthcare (P), how does antibacterial foam dispensers (I) compared to water and soap (C) affect the spread of bacteria and help decrease infection O) during the month of October 2022.
You are asked to create a Cost Benefit Analysis (CBA) of your proposed PDSA project as a companion to your findings. To complete this assignment, you are encouraged to practice the skills with data that you create (this does not have to be valid data). The goal here is that you are attempting this comparison to prepare for an actual CBA analysis with the completion of your end of semester project.
This analysis is a comparison of two or more options to determine which option has the most long-term benefits. The analysis details each option’s strengths, weaknesses and estimates the financial implications of each.
Using your PICOT and your PDSA plan, create the current state option, a future state option using Cost Benefit where each is identified by a cost in dollars and compare using examples provided. Note that you may feel your PDSA project may not have a need for a CBA in which case you can submit justification for why no cost analysis is warranted, but you must then create from your practice experience some situation where you can complete an analysis to complete the assignment.
