Managing financial repercussions involves both proactive and reactive measures.
Insurance: Nurses should consider professional liability insurance to cover legal costs and settlements. Healthcare institutions should ensure adequate insurance coverage for their staff.
Risk Management Programs: Implementing comprehensive risk management programs can help identify potential issues and mitigate risks before they result in financial loss.
Legal Consultation: Regular consultations with legal experts can help nurses and institutions stay informed about legal requirements and best practices, reducing the likelihood of costly legal issues.
