Certified Professional in Patient Safety (CPPS) Practice Exam

Which patient safety initiative is most likely to get approval from a CFO based on ROI?

1. Implementation of Computerized Provider Order Entry with an ROI of 1.0.

2. Procurement of new beds with built-in alarms and an ROI of 0.9.

3. Implementation of evidence-based guidelines with an ROI of 3.0.

4. Implementation of a sitter program with an ROI of 0.5.

The correct answer is: Implementation of evidence-based guidelines with an ROI of 3.0.

Choosing the implementation of evidence-based guidelines with an ROI of 3.0 as the most appealing option to a CFO makes sense because it indicates a high potential return on investment. An ROI of 3.0 means that for every dollar invested, the initiative is expected to generate three dollars in return, which strongly aligns with a CFO's focus on financial performance and sustainability. CFOs are particularly concerned with maximizing the efficiency of expenditures and ensuring that initiatives lead to profitable outcomes. An ROI significantly above 1.0 shows that the implementation not only covers its costs but also contributes to the financial growth of the organization. In contrast, the other options present ROI figures that are lower than 3.0, which would be less appealing to a CFO. For instance, a ROI of 1.0 merely breaks even, and a ROI below 1.0 suggests that the investment may lead to a financial loss. This underlines the necessity for initiatives to demonstrate robust financial benefits. The effectiveness of evidence-based guidelines not only fosters improved patient safety outcomes but also brings about efficiencies that can enhance cost-effectiveness, making it a sound investment strategy from a financial standpoint.