Thursday, March 6, 2014

Workplace injuries and illnesses come at a high cost

When an employee gets hurt on the job, hospitals pay the price in many ways - some obvious, some not.

$15,860: the average workers' compensation claim for a hospital injury between 2006 and 2011, according to a national survey of roughly 1,000 hospitals.  Another data source suggests an average cost of $22,300 for claims involving lost time, compared with $900 for non-lost-time claims.  If your hospital self-insures (as a majority do), you will bear the full cost.  If you do not, your claim experience can still affect your insurance premiums.

The average hospital experiences $0.78 in workers' compensation losses for every $100 of payroll. Nationwide, that means a total annual expense of $2 billion!

24 percent of nurses and nursing assistants changed shifts or took sick leave to recover from an unreported injury.

$27,000 to $103,000 Estimate cost of replacing a nurse, including separation, recruiting, hiring, orientation, and training.  Some estimates also account for lost productivity while a replacement is hired and trained.  Injuries and stress are common reasons why nurses leave the profession.

Safer caregivers mean happier patients. Studies have found higher patient satisfaction levels inhosptals where fewer nurses are dissatisfied or burned out.  Patients who are handled with lifting equipment report an improved feeling of dignity - particularly bariatric patients.

8 of 10 nurses say they frequently work with musculoskeletal pain.

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