Simulationists Guide to the Breaking Down Costs (FT. Alaina Herrington, DNP, RN, FAAN, FSSH, ANEF, CHSE-A))

In this episode, Alaina Herrington, DNP, RN, FAAN, FSSH, ANEF, CHSE-A from Mississippi State University, discusses the cost breakdown of simulations and the importance of understanding the financial aspects of simulation. She emphasizes the need for simulation educators to have a business mindset and the challenges of navigating budgets and cost effectiveness. Alaina shares her experience as an OR nurse and how she applied her knowledge of cost analysis to simulation. She explains the concept of pick sheets and how they can be used to calculate the cost of each simulation. Alaina also discusses the importance of collaboration and the support she received from the NLN simulation leadership group. Alaina discusses how she marketed her simulation center and attracted outside organizations to utilize the facility. Elena also talks about the fee calculator tool she developed to communicate the costs and benefits of the simulation center to the business office. The tool helped break down department costs and provided an inventory management system. Alaina shares her experience building a new sim center and the challenges of planning the space and infrastructure.

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Chapters

• 0:00 Introduction and Importance of Understanding Simulation Costs
• 14:26 The Value of Professional Networks in Personal and Professional Growth
• 46:26 Transferring Skills and Knowledge to Simulation