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An independent assessment of the return on investment of Australian health libraries

An independent assessment of the return on investment of Australian health libraries. Dollar value. Australian health libraries return an average of $9 per $1 invested SGS says the true value of health libraries may be even higher. How the figure was reached.

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An independent assessment of the return on investment of Australian health libraries

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  1. An independent assessment of the return on investment of Australian health libraries

  2. Dollar value Australian health libraries return an average of $9 per $1 invested SGS says the true value of health libraries may be even higher

  3. How the figure was reached SGS assessed the benefits provided directly to health library users, including time saved and value of ‘out-of-pocket’ expenses such as journal subscriptions. A survey of libraries was supported by a number of in-depth case studies.

  4. Cost benefit analysis Cost = annual investment in the service. Benefit = (1) library and information professionals find things faster; (2) library and information professionals’ time costs less than many health professionals’ time; (3) savings achieved through shared resources.

  5. Special skills include: • Knowledge of the range of health sciences professions and clinical care. • Awareness of ethical and legal issues in health services. • Resource management of medical and health journals, books and ebooks. • Cataloguing, abstracting, thesaurus constructing. • Location of research literature in medical and health databases.

  6. Special skills include: • Applications used in emerging areas of biomedicine, computational biology and health information including ehealth care systems and records. • Access to medical and health databases using advanced search techniques • Search literature, EBP and citation databases. • Understanding of evidence-based practice.

  7. $50 billion Recurrent expenditure in public and private hospitals in Australia

  8. 0.1% Recurrent expenditure on health libraries

  9. ALIA Health Libraries Australia www.alia.org.au Health Libraries Inc www.hlinc.org.au

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