What is the general goal of financial abuse prevention in healthcare settings?

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The primary goal of financial abuse prevention in healthcare settings is to protect the assets of vulnerable individuals from theft or misuse. Vulnerable populations, such as the elderly or those with disabilities, are often at a higher risk for financial exploitation. This form of abuse can take many forms, including unauthorized use of their funds, coercion to change wills or financial accounts, or fraud involving their financial resources.

Preventing financial abuse not only safeguards individuals' financial well-being but also promotes their dignity and autonomy. It is critical to implement measures such as monitoring financial transactions, educating patients and their families about potential risks, and providing training for healthcare workers on recognizing signs of financial exploitation. By focusing on this aspect of care, healthcare settings aim to create a safe environment that upholds the rights and assets of their patients.

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