Estimated number of IV’s per year

Number of failures

Number of additional attempts per failure

Time spent per attempt

Time Wasted

Hourly Rate of Staff

$36/hour

$10/hour

$100/hour

Total Labour Cost Without IV Glove

Total Labor Costs With IV Glove

based on 75% reduction (via IV glove clinical study)

Rolls of extra adhesive tape

Cost Per Roll

Number of IVs wasted

Cost Per IV

Total Material Cost without IV Glove

Total Material Cost with IV Glove

based on 75% reduction (via IV Glove clinical study)

Total Savings

Reduction in IVs/insertions and reduction in failure rate by using IV Glove + cost of IV Glove