Posts

Risk Management For Hospitals

A lot of hospitals are now engaging their employees into getting risk management certifications that they can then use to better manage risks in their hospitals. In order to understand the need for and the importance of such a certification in the healthcare industry you need to first understand what does risk management signify.

Risk management means firstly the understanding of risk. Next comes the prioritization of risk which is in turn followed by the efforts to reduce and control the probability of risk by applying all the possible resources at one’s disposal. This technique helps mitigate risks and hence safeguards a business.

In most healthcare organizations, the major area exposed to risk is the financial liability that arises from misconduct of its employees. A study conducted in 1993 says that health care providers paid nearly over one hundred million dollars in damages that resulted from employee and staff negligence. Sometimes it might be a matter as small as hiring an employee with a criminal record.

For any hospital it is considered imperative that the hospital exercises due diligence before hiring personnel. This means that the hospital must run adequate background checks on any person before hiring him or her to the hospital. Knowing this, understanding this and implementing strategies that don’t let such employees get hired is what staff with proper risk avoidance training can help do.

A comprehensive program for avoidance of risk must be run in the hospital to avoid risk. An employee who has a risk management certification should be hired and should be allowed to create the program. There are many ways to assess risks using such programs.

A risk management certification teaches many different methods to assess and identify risks that a healthcare organization might face.

Employees are trained to log in incidents that they believe may lead to greater risk. Next, these risks are analyzed at a higher level and worked against.

Because of such constant methods for mitigation of risk being employed, a lot of risks to the institution are identified quite early. Once identified, these risks are prioritized and addressed accordingly.

You can learn all these techniques and some more be getting a risk management certification from a proper university. That will set you and your organization on a safer and risk mitigated path to progress.

HealthcareRiskManagementGuide.com has the answers to all the questions that you were afraid to ask about health care insurance! To make sure that you won’t settle for anything less than the full story on risk management courses, check out the site right away !

More Project Risk Management Plan Articles

Enterprise GRC Market (Governance, Risk Management and Compliance) 2018 Forecasts in a New Research Report at RnRMarketResearch.com

Dallas, Texas (PRWEB) January 16, 2014

Enterprise GRC (Governance, Risk Management and Compliance) is the umbrella term that covers an organization’s approach across these three areas. GRC typically encompasses activities such as corporate governance, enterprise risk management and corporate compliance with applicable laws and regulations.

Enterprise governance, risk management and compliance have become critical to business management. To facilitate performance enhancement measures, enterprises have started using GRC data.

The idea that GRC can be a progressive business management tool is gradually becoming more acknowledged. Businesses can, and do, get in the benefits of adopting governance, risk management and compliance in an organized, designed manner.

Complete report available at http://www.rnrmarketresearch.com/enterprise-governance-risk-and-compliance-market-by-solutions-compliance-management-audit-management-risk-management-policy-management-incident-management-financial-controls-management-mar-market-report.html.

The major restraint in this market is the growing complexity of risk and compliance programs.

There are various assumptions that we have taken into consideration for market sizing and forecasting exercise. Few of global assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.

The report will help the market leaders/new entrants in this market in the following ways –

    This report segments the market into solutions, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
    This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition and venture capital funding. Besides, there are company profiles of 19 players in this market in addition to 11 key innovators. In this section, market internals are provided that can put them ahead of the competitors.
    The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.

Major points from table of content

10 Company Profiles

10.1 Bwise

10.2 Datacert

10.3 Dynaflow

10.4 Egestalt

10.5 Emc Corporation

10.6 Fidelity National Information Services, Inc.

10.7 Halex Business Risk Services

10.8 International Business Machines Corporation

10.9 Mega International

10.10 Metricstream Inc.

10.11 Newport Consulting Group

10.12 Microsoft

10.13 Modulo

10.14 Oracle

10.15 Resolver

10.16 Rsam

10.17 SAP

10.18 SAS

10.19 Thomson Reuters

10.20 Key Innovators

10.20.1 Agiliance, Inc.

10.20.2 Alignalytics

10.20.3 Anxebusiness Corp

10.20.4 Avior Computing

10.20.5 Cmo Compliance

10.20.6 Cura Software

10.20.7 Doublecheck

10.20.8 Neohapsis

10.20.9 Protiviti

10.20.10 Sai Global Compliance

10.20.11 Software Ag

Purchase a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=141384.

Browse more reports on Software & Services Market Reports at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/software-enterprise-computing/software-services.

About Us:

RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.







Related Venture Capital Press Releases

Layoffs at Agricorp

Layoffs at Agricorp
Randy Jackiw, Agricorp's CEO, says one of the completed projects was the design work to get the Ontario business risk management program up and running. The other big project was the first phase of Agricorp's information technology renewal strategy.
Read more on BetterFarming.com

Growing numbers of female farm operators make timing right for Annie's Project
Cornell Cooperative Extension of Chautauqua County plans to engage farm women in discussions of farm business and risk management this winter through Annie's Project. During February and March, farm women across the region are encouraged to …
Read more on Evening Observer

IT pros say network security is top of 2014 security initiatives
Behind network security and DLP, top project priorities were threat detection and management as well as identity and access management (IAM), both at 35%, followed by encryption at 34%. Tyler Shields, senior analyst of security and risk management at …
Read more on TechTarget

Trading Risk Management | Tsr 2.0

Trading Risk Management | Tsr 2.0
Perfect Upsell Or Back End Product For Your Client Database. Trading Secrets Revealed Is The Only Course Of Its Kind, Teaching Risk Management Rules. Great Conversion Rates And 55% Payout. Be One Of The First To Promote This New System.
Trading Risk Management | Tsr 2.0

Aspo Group Interim Report January 1 to March 31, 2012

Aspo Group Interim Report January 1 to March 31, 2012
Aspo Management Oy may not deposit in pledge or use as security the Aspo Plc shares it holds without Aspo Plc's written consent. The company has been consolidated in the financial statements. The loan is market-based. RISKS AND RISK MANAGEMENT In the …
Read more on Reuters

EcoSys Enterprise Planning & Controls Version 6 Achieves Oracle Validation
… Gold level member of Oracle PartnerNetwork (OPN), announced that it has achieved Oracle Validated Integration of EcoSys Enterprise Planning & Controls (EPC) Version 6 with Oracle's Primavera P6 Enterprise Project Portfolio Management (EPPM) 8.2.
Read more on San Francisco Chronicle (press release)

Captive Insurance Expert Feldman to Lecture at University of Delaware
The Captive Insurance Risk Management Certificate Program is a collaborative project of the State of Delaware's Department of Insurance and the University of Delaware. One of the country's leading experts on captive insurance planning and management, …
Read more on MarketWatch (press release)

Seeing Is Believing: Visualization Improves Risk Management

Seeing Is Believing: Visualization Improves Risk Management
Developing a repeatable, actionable risk management plan for your entire organization is best accomplished by creating a template that can be reused in every project. You can then operationalize the plans with a collaborative platform so that all team …
Read more on Forbes

Timberline Announces 36% Increase to Its Measured & Indicated Gold Resource at
The updated resource, which now also includes the South Adit zone, increases our confidence in the viability of the project and provides additional basis for an internal scoping study planned for later this year. We will continue to advance Lookout …
Read more on MarketWatch (press release)

Sample, sweat, bargain hunt
By Jessica Stephen, Correspondent There's a passion for wine behind The Ruby Tap, a new wine-tasting room that Plan Commission members tentatively approved Tuesday. "It's always been a dream to open a tasting room," said Brook Boomer, co-owner of the …
Read more on Wauwatosa Now

Project Risk Management | PMP Training Online Videos

Simplilearn Solutions (Global REP ID 3147) provides project management training through a blended learning model of classroom training and online learning www.simplilearn.com I. Topic 11: Project Risk Management A. Slide 1: Introduction Hello and Welcome to lesson No 11 of PMP Certification Course by SimpliLearn! This lesson is about Project Risk Management. Risk Management is actually a key responsibility of the project manager. Risk management is one of the project management disciplines which have a direct impact on the project success or failure. B. Slide 2: Agenda This section covers what is Risk, how is risk calculated and the different ways in which risk can be categorized. Next, we will learn about decision tree. This is a very interesting concept…that helps in analyzing risk and its impact on taking decision. Finally, we will learn about the six project management process, which are part of Risk Management knowledge area. C. Slide 3: What is Risk? Risk can be best defined as an uncertainty that can positively or negatively impact a project. There are some other risk related terms that you should be aware of. For example, Risk Averse, Risk Tolerance, Risk Threshold. D. Slide 4: How is Risk Calculated? Risk is measured by assigning a monetary value to it and that value is arrived at by multiplying the probability and impact of the risk. E. Slide 5: Risk Categorization Risk can be categorized in various ways. One such categorization is External, Internal
Video Rating: 2 / 5