Evaluation of the cost‐effectiveness of a multicomponent fall prevention program in hospitalized patients

Abstract

The aim of this pre‐ and post‐interventional study was to analyze the cost‐effectiveness of the multicomponent fall prevention program in hospitalized patients. To achieve this aim, cost‐effectiveness analysis performed using decision tree modeling was compared with the implementation of the fall prevention program and usual care. The primary outcome was the number of patient falls. The uncertainty in cost and effectiveness data was evaluated using one‐way sensitivity analysis, best–worst‐case scenario analysis, and probabilistic sensitivity analysis. According to cost‐effectiveness analysis, implementation of the fall prevention program was dominantly cost‐effective. As a result of the probabilistic sensitivity analysis, it was revealed that, even if willing‐to‐pay per‐fall prevented value was 0, the probability of being cost‐effective was 54.4% for the fall prevention program. Economic evaluation results showed that implementing the multicomponent fall prevention program was dominantly cost‐effective in hospitalized patients. Nurses and nurse managers can benefit from economic evaluations in their decision‐making processes to implement fall prevention programs.