Keywords

regression analysis, return on investment, training, training evaluation

 

Authors

  1. Collins, Sandra K. MBA, ABD
  2. Collins, Kevin S. MS
  3. Jensen, Steven C. PhD

Abstract

Wisely allocating financial resources is essential to the success of every health care organization. Therefore, health care managers must be able to determine if dedicating the necessary funds for employee training results in an adequate return on investment. This case study examines how training programs can be evaluated in terms of business results and describes one method, simple regression analysis, that health care managers may use to help determine if the training was financially beneficial to the organization.