A 34-year-old male patient is being flown to your facility following a car accident. He has significant swelling and pain in his right lower leg, which is out of proportion to injuries seen on X-ray. His pedal pulse is present but weak, and his skin is taut and shiny. What is the appropriate next step in managing this patient to prevent further complications?
Measure the compartment pressures
Apply a cooling pack to reduce swelling
Administer analgesics for pain management
Elevate the limb and observe for further signs