Australian health libraries’ return on investment
On 4 November 2013, ALIA, in conjunction with Health Libraries Inc (HLInc) and Health Libraries Australia (ALIA HLA, a national group of the Australian Library and Information Association), released a study which suggests that hospitals, government departments, associations and other organisations involved in healthcare gain a $9 return for every dollar they invest in health libraries.
The partners commissioned award-winning firm SGS Economics and Planning to survey health libraries across the nation and from this to assess the return on the annual investment in these services to their organisations.
The results provide a snapshot of the continued outstanding value of health libraries against a backdrop of significantly greater usage but declining investment. Patient and medical staff numbers and hospital expenditure are increasing, while health library budgets, space and staffing levels are decreasing.
The full report from SGS is available here.
Summary report ‘Worth every cent’ available here.