Economic Value of Peer Support Program in German Hospitals

Objectives Acknowledging peer support as the cornerstone in mitigating the psychosocial burden arising from the second victim phenomenon, this study assesses the economic benefits of a Peer Support Program (PSP), compared to data of the Resilience In Stressful Events (RISE) program in the US, within...

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Authors: Roesner H; Neusius T; Strametz R; Mira JJ
Format: Article
Status:Published version
Publication date:2024
Country:España
Institution:Fundación para el Fomento de la Investigación Sanitaria y Biomédica de la Comunitat Valenciana (FISABIO)
Repository:r-FISABIO. Repositorio Institucional de Producción Científica
OAI Identifier:oai:fisabio.fundanetsuite.com:p17890
Online Access:https://fisabio.portalinvestigacion.com/publicaciones/17890
Access Level:Open access
Keyword:patient safety
peer support program
second victim
health worker safety
economic impact
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author Roesner H
author2 Neusius T
Strametz R
Mira JJ
author2_role author
author
author
author_browse Mira JJ
Neusius T
Roesner H
Strametz R
author_facet Roesner H
Neusius T
Strametz R
Mira JJ
author_role author
collection r-FISABIO. Repositorio Institucional de Producción Científica
description Objectives Acknowledging peer support as the cornerstone in mitigating the psychosocial burden arising from the second victim phenomenon, this study assesses the economic benefits of a Peer Support Program (PSP), compared to data of the Resilience In Stressful Events (RISE) program in the US, within the acute inpatient care sector in Germany.Methods Employing a Markov model, this economic evaluation analyzes the cost benefits, including sick day and dropout costs, over a 1-year period, comparing scenarios with and without the Peer Support Program from a hospital perspective. The costs were calculated as an example based on a hospital with 1,000 employees. The estimations are considered conservative.Results The anticipated outcomes demonstrate an average cost saving of <euro>6,672 per healthcare worker participating in the Peer Support Program, leading to an annual budgetary impact of approximately <euro>6,67 Mio. for the studied hospital.Conclusion The integration of a PSP proves economically advantageous for German hospitals, not only preserving financial resources but also reducing absenteeism, and mitigating turnover, thereby enhancing overall patient care.
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institution Fundación para el Fomento de la Investigación Sanitaria y Biomédica de la Comunitat Valenciana (FISABIO)
instname_str Fundación para el Fomento de la Investigación Sanitaria y Biomédica de la Comunitat Valenciana (FISABIO)
network_acronym_str ES
network_name_str España
oai_identifier_str oai:fisabio.fundanetsuite.com:p17890
publishDate 2024
publishDateSort 2024
publisher FRONTIERS MEDIA SA
publisherStr FRONTIERS MEDIA SA
reponame_str r-FISABIO. Repositorio Institucional de Producción Científica
spelling Economic Value of Peer Support Program in German Hospitals Roesner H Neusius T Strametz R Mira JJ patient safety peer support program second victim health worker safety economic impact Objectives Acknowledging peer support as the cornerstone in mitigating the psychosocial burden arising from the second victim phenomenon, this study assesses the economic benefits of a Peer Support Program (PSP), compared to data of the Resilience In Stressful Events (RISE) program in the US, within the acute inpatient care sector in Germany.Methods Employing a Markov model, this economic evaluation analyzes the cost benefits, including sick day and dropout costs, over a 1-year period, comparing scenarios with and without the Peer Support Program from a hospital perspective. The costs were calculated as an example based on a hospital with 1,000 employees. The estimations are considered conservative.Results The anticipated outcomes demonstrate an average cost saving of <euro>6,672 per healthcare worker participating in the Peer Support Program, leading to an annual budgetary impact of approximately <euro>6,67 Mio. for the studied hospital.Conclusion The integration of a PSP proves economically advantageous for German hospitals, not only preserving financial resources but also reducing absenteeism, and mitigating turnover, thereby enhancing overall patient care. FRONTIERS MEDIA SA https://fisabio.portalinvestigacion.com/publicaciones/17890
spellingShingle Economic Value of Peer Support Program in German Hospitals
Roesner H
patient safety
peer support program
second victim
health worker safety
economic impact
status_str publishedVersion
title Economic Value of Peer Support Program in German Hospitals
title_full Economic Value of Peer Support Program in German Hospitals
title_fullStr Economic Value of Peer Support Program in German Hospitals
title_full_unstemmed Economic Value of Peer Support Program in German Hospitals
title_short Economic Value of Peer Support Program in German Hospitals
title_sort Economic Value of Peer Support Program in German Hospitals
topic patient safety
peer support program
second victim
health worker safety
economic impact
topic_facet patient safety
peer support program
second victim
health worker safety
economic impact
url https://fisabio.portalinvestigacion.com/publicaciones/17890