Please use this identifier to cite or link to this item: http://hdl.handle.net/1822/38584

TitleEconomic evaluation of occupational safety preventive measures in a hospital
Author(s)Ramos, D. G.
Arezes, P.
Afonso, P.
KeywordsCost-benefit analysis
Financial analysis
Occupational accidents
Externalities
Issue date2015
PublisherIOS Press
JournalWORK
CitationRamos, D. G., Arezes, P. M., & Afonso, P. (2015). Economic evaluation of occupational safety preventive measures in a hospital. Work-a Journal of Prevention Assessment & Rehabilitation, 51(3), 495-504. doi: 10.3233/wor-141884
Abstract(s)BACKGROUND: When an organization performs an integrated analysis of risks through its Occupational Health and Safety Management System, several steps are suggested to address the implications of the identified risks. Namely, the organization should make a detailed analysis of the monetary impact for the organization of each of the preventive measures considered. However, it is also important to perform an analysis of the impact of each measure on society (externalities). OBJECTIVE: The aim of this paper is to present a case study related to the application of the proposed economic evaluation methodology. METHODS: An analysis of the work accidents in a hospital has been made. Three of the major types of accidents have been selected: needle stings, falls and excessive strain. Following the risk assessment, some preventive measures have been designed. Subsequently, the Benefit/Cost ratio (B/C) of these measures has been calculated, both in financial terms (from the organization’s perspective) and in economic terms (including the benefits for the worker and for the Society). RESULTS: While the financial ratio is only advantageous in some cases, when the externalities are taken into account, the B/C ratio increases significantly. CONCLUSIONS: It is important to consider external
TypeArticle
URIhttp://hdl.handle.net/1822/38584
DOI10.3233/wor-141884
ISSN1051-9815
Peer-Reviewedyes
AccessRestricted access (UMinho)
Appears in Collections:CGIT - Artigos em revistas de circulação internacional com arbitragem científica

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