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The economics of preventing hospital falls: Demonstrating ROI through a simple model

Spetz, Joanne, Brown, Diane S. and Aydin, Crolyn (2015). The economics of preventing hospital falls: Demonstrating ROI through a simple model. Journal of Nursing Administration,45(1):50-57.

Document type: Journal Article
Citation counts: Altmetric Score Altmetric Score is 4
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IRMA ID 83393865xPUB256
Title The economics of preventing hospital falls: Demonstrating ROI through a simple model
Author Spetz, Joanne
Brown, Diane S.
Aydin, Crolyn
Journal Name Journal of Nursing Administration
Publication Date 2015
Volume Number 45
Issue Number 1
ISSN 0002-0443   (check CDU catalogue  open catalogue search in new window)
Scopus ID 2-s2.0-84917705919
Start Page 50
End Page 57
Total Pages 8
Place of Publication United States
Publisher Lippincott Williams & Wilkins
Field of Research MEDICAL AND HEALTH SCIENCES
1110 - Nursing
HERDC Category C1 - Journal Article (DIISR)
Abstract OBJECTIVE: The objective of this study was to assess the cost savings associated with implementing nursing approaches to prevent in-hospital falls.

BACKGROUND: Hospital rating programs often report fall rates, and performance-based payment systems force hospitals to bear the costs of treating patients after falls. Some interventions have been demonstrated as effective for falls prevention.

METHODS:
Costs of falls-prevention programs, financial savings associated with in-hospital falls reduction, and achievable fall rate improvement are measured using published literature. Net costs are calculated for implementing a falls-prevention program as compared with not making improvements in patient fall rates.

RESULTS:
Falls-prevention programs can reduce the cost of treatment, but in many scenarios, the costs of falls-prevention programs were greater than potential cost savings.

CONCLUSIONS: Falls-prevention programs need to be carefully targeted to patients at greatest risk in order to achieve cost savings.
DOI http://dx.doi.org/10.1097/NNA.0000000000000154   (check subscription with CDU E-Gateway service for CDU Staff and Students  check subscription with CDU E-Gateway in new window)
 
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Created: Tue, 26 Jul 2016, 12:39:58 CST