Perspective | Costs | Value | Potential monetisable consequences | Mid-point value (sensitivity analysis: min–max values) |
---|---|---|---|---|
PHN | Cost of MPA Program Coordination and scholarship subsidy (2018 cohort of 44 students) | $126 718 | No monetisable consequences | |
General Practices | Initial course and training investment | $22 687 | Modelled scenario A (a) Six extra patients per week (0 to 12 patients) | $12 090 ($0–$24 180) |
Optimal utilisation costs per annum per MPA graduate | $47 070 | (b) Expected additional Practice Nurse- generated gross revenue from health assessments ($0 to maximum) | $144 573 ($0–$152 627) | |
Total cost at 1-year post-graduation | $69 756 | (c) Total gross revenue 1-year post-graduation (a + b) | $156 663 ($0–$176 807) | |
(d) Total net revenue 1-year post-graduation (c -$69 756) | $86 907 (−$69 756–$107 051) | |||
Modelled scenario B (a) Six extra patients per week (b) Additional MPA generated gross revenue from extra billable tests (c) Total gross revenue 1-year post-graduation (a + b) d) Total net revenue 1-year post-graduation (c – $69 756) | $12 090 ($0–$24 180) $68 952 ($0–$137,904) $81 042 ($0–$162 084) $11 286 (-$69 756–$92 328) | |||
MPA graduates | Total course-related costs | $3729 | Modelled scenario C (a) Annual increase in wages per year post graduation | $2974 ($0–$5948) |
Possible offsets: Aspirational annual wage increase | $5948 | (b) Total net MPA outcome 1-year post-graduation (a–$3729) | $-755 (-$3729–$2219) | |
Midpoint Lowest annual wage increase | $2974 - $0 | (c) Total net MPA outcome 2 years post-graduation ((2 × a) -$3729) | $2219 ( -$3729–$8167) |