@article{ref1,
title="The economics of preventing hospital falls: demonstrating ROI through a simple model",
journal="Journal of nursing administration",
year="2015",
author="Spetz, Joanne and Brown, Diane S. and Aydin, Carolyn",
volume="45",
number="1",
pages="50-57",
abstract="OBJECTIVE: The objective of this study was to assess the cost savings associated with implementing nursing approaches to prevent in-hospital falls. <br><br>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. <br><br>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. <br><br>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. <br><br>CONCLUSIONS: Falls-prevention programs need to be carefully targeted to patients at greatest risk in order to achieve cost savings.<p /> <p>Language: en</p>",
language="en",
issn="0002-0443",
doi="10.1097/NNA.0000000000000154",
url="http://dx.doi.org/10.1097/NNA.0000000000000154"
}