The cost and value of pre-registration clinical placements for Project 2000 students

The cost and value of pre‐registration clinical placements for Project 2000 students The research outlined in this article was commissioned by the Sheffield and North Trent College of Nursing and Midwifery to explore the cost implications of pre‐registration clinical placements in the context of Project 2000. The authors outline the methodology and findings of an exercise designed to collect relevant cost information which was not readily available. On the basis of these findings, they suggest that: at 1995/1996 pay and prices, clinical placements cost the education provider approximately £890 per student per annum; in terms of real resources, the value to service providers of the service contribution made by second‐ and third‐year nursing and midwifery students on ward‐based placements outweighs the value of the time spent by qualified staff on their supervision and education. Once the funding assumptions underlying the introduction of Project 2000 have been taken into account, second‐ and third‐year nursing and midwifery students benefit the service provider by on average £3·46 for every hour they spend in an unrostered ward‐based placement. The service contribution made by students in community‐based clinical placements cannot free staff time in the same way as on the wards and, because qualified staff in these areas are generally more highly graded, the value of the time they spend on the supervision and education of students on placement is higher than in ward‐based placements. Second‐ and third‐year students therefore appear to cost the service provider on average £0·48 for each hour they spend in a community‐based placement. It was not possible to determine whether this cost translates into a reduction in patient contacts.