Financial aspect

Financial aspect

After discussion with your preceptor, name one financial aspect, one quality aspect, and one clinical aspect that need to be taken into account for developing the evidence-based change proposal (Fall prevention for at risk patients). Explain how your proposal will directly and indirectly impact each of the aspects.

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The proposal for fall prevention for at-risk patients will impact the financial, quality, and clinical aspects. The financial effect that will be achieved with this evidence-based change proposal is reduced patient management costs (Jeanmonod et al., 2019). Financial incentives that will be invested in preventing the risks of falls among vulnerable patients such as the elderly will reduce costs involved in nursing rounds and alarm use. The fall prevention for at-risk client’s proposal will indirectly provide cost-effective measures to care for and manage patients. Healthcare organization that implements this proposal will incur reduced costs arising from treating advanced conditions relating to patient falls.

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