Cost-Benefit Analysis of Patient Safety Initiatives in Healthcare Management

Abstract

This article conducts a comprehensive cost-benefit analysis of patient safety initiatives in healthcare management. By examining the financial implications and the corresponding improvements in patient outcomes, the study aims to provide insights into the economic viability and effectiveness of investing in patient safety. Through a meticulous methodology combining quantitative and qualitative approaches, the results highlight the potential benefits, challenges, and overall impact of patient safety initiatives on healthcare organizations.