Financial repercussions in nursing can stem from both personal and institutional perspectives.
Personal Financial Impact: Nurses involved in legal cases may incur significant costs for legal representation. Additionally, if found liable, they may face substantial fines and loss of employment, impacting their income and financial stability.
Institutional Financial Impact: Healthcare institutions may face financial strain due to legal settlements, increased insurance premiums, and reputational damage, which can lead to a loss of patients and revenue.
