Iobst, Barbara J, MLS, AHIP

Little, Evelyn J

Schwartz, Linda M, MDE, AHIP, CM

English

Lehigh Valley Health Network: LVHN Scholarly Works

Lehigh Valley Health NetworkLVHN Scholarly WorksDepartment of EducationAre Journals Cost Effective? Subscriptions toElectronic Full Text Versus Pay-Per-ViewBarbara J. Iobst MLS, AHIPLehigh Valley Health NetworkLinda M. Schwartz MDE, AHIP, CMLehigh Valley Health Network, linda_m.schwartz@lvhn.orgEvelyn J. LittleLehigh Valley Health NetworkFollow this and additional works at: http://scholarlyworks.lvhn.org/educationPart of the Education Commons, Library and Information Science Commons, and the MedicalEducation CommonsThis Poster is brought to you for free and open access by LVHN Scholarly Works. It has been accepted for inclusion in LVHN Scholarly Works by anauthorized administrator. For more information, please contact LibraryServices@lvhn.org.Published In/Presented AtIobst, B., & Schwartz, L. (2009, October 5-8). Are journals cost effective? subscriptions to electronic full text versus pay-per-view. Posterpresented at LVHN Research Scholar Program Poster Session, Lehigh Valley Health Network, Allentown, PA.Are Journals Cost Effective?Subscriptions to Electronic Full Text Versus Pay-Per-ViewAre subscriptions to electronic full text content cost effective compared to pay-per-view?Lehigh Valley Health Network, Allentown, PennsylvaniaQuestion:Acknowledgements:Barbara J. Iobst, MLS, AHIP and Linda Matula Schwartz, MDE with thanks to our research scholar: Evelyn LittleBarbara J. Iobst, MLS, AHIP and Linda Matula Schwartz, MDE Spreadsheet created to compare one year of total articles costs based on title usage and importance.Method:50 titles with no pay-per-view access excluded; 34 titles requiring print subscription for econtent excluded. Aggregated packages may contain many titles that are rarely used. For this reason, only selected core titles and titles with >30 uses/year were included from one vendor. Additional content in aggregated packages (books, images, etc.) was not considered; the number of titles was divided by the total package cost. This study was based on one library; journal usage and cost will vary by institution. Embargoed content was ignored for this study.Issues:S ubscrip tion S ource # T itlesO V IDM D C onsu lt/N urs ing C onsu lt/The C lin icsE B S C O *Ind iv idua l subscrip tions11614814674TO T A L T IT LES 484T itles exc luded 84TO T A L T IT LES IN C LU D E D IN S T U D Y 400*E B S C O actua lly p rov ides over 3 ,000 titles , how ever, on ly im portan t (core )and frequently used (>30x/yea r) titles w ere ana lyzed . S ee issues section .Subscription packages/individual subscriptions are cost effective compared to pay-per-view with an estimated saving of at least $18.79 per article based on usage with an overall saving of $878,995.96 in FY09.Because some journals could not be included in the study, the estimated pay-per-view costs would actually be higher than shown.Pay-per-view costs were higher than subscription packages for six packages and lower for four packages.Conclusions:Direct access to econtent via subscriptions saves user time. Not all content is available by pay-per-view. Pay-per-view purchases could not be provided 24/7 in the library. Pay-per-view budgeting is unpredictable. Administrative time was not quantified for either delivery method.Other Considerations:Body Family Medical LibraryAverage Article Price Total CostTotal Cost by Source$30.00$25.00$20.00$15.00$10.00$5.00$0Average for all of the Digital Library’s Journals$24.46$5.67P ay-P er-V iewP ackages &S ubscrip tions$1,400,000$1,200,000$1,000,000$800,000$600,000$200,000$0All of the Digital Library’s Journals$1,237,742.30 P ay-P er-V iewP ackages &S ubscrip tions$400,000$358,746.34P ay-P er-V iew P ackages & S ubscrip tions500,000.00Vendor A, Collection 1450,000.00400,000.00350,000.00300,000.00250,000.00200,000.00150,000.00100,000.0050,000.000.00Vendor A, Collection 2Vendor A, Collection 3Vendor A, Collection 4Vendor A, Collection 5Vendor BVendor C, Collection 1Vendor C, Collection 2Vendor C, Collection 3IndividualSubscriptions

Are Journals Cost Effective? Subscriptions to Electronic Full Text Versus Pay-Per-View

https://scholarlyworks.lvhn.org/cgi/viewcontent.cgi?article=1022&context=education

Are Journals Cost Effective? Subscriptions to Electronic Full Text Versus Pay-Per-View

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Lehigh Valley Health Network: LVHN Scholarly Works