Risk Management Plan

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Risk is the possibility of negative event happening due to action or omission of any outside forces. By knowing the nature of event we can propose a plan to prevent negative consequences. Proposed plan is called risk management plan. The research of origin of a problem is root cause analysis. Risk management involves the creation of the necessary infrastructure and culture for healthcare business, and consists of several steps, connected by each other:
1. Identify causes and the main factors of risk;
2. Identification, analysis, and risk assessment;
3. Decision-making on the basis of the evaluation;
4. Reduce the risk to an acceptable level;
5. Monitoring the implementation of planned activities;
6. Analysis and evaluation of risk solutions.
One way to improve the efficiency and quality of care is the risk management system, identifying, assessing impacts, and developing counter tactics designed to limit accidental events causing physical and moral harm to the healthcare organization, its patients and staff.
There are large number of errors happen in health care at all levels, most of them end favorably, without injury to personnel and patients. Only a small portion of cases ends causing significant harm and even death. In this situation, a clear link between the errors of staff, healthcare organization, and patients injury cannot be detected.
Risk Management was formed to bring stability to healthcare organization to incidents, accidents, and losses. It reveals hidden hazards and work out countermeasures. System analysis of a risk management demonstrates its complexity. Causes of errors have human and system components. Human errors are inevitable.
“Our current economic climate is continuing to force healthcare organizations t...

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...es not make any mistakes”. Recognition of the root of the problem, correct analysis, implementation of changes, and personnel education can shed the light not only on the occurred errors, but can, also, prevent a big deal of errors from happening in the future.

Works Cited

Helping Hospitals Learn From Their Mistakes. (1999) Modern Healthcare, 29 (3), 24
Bosen, W., & Narvaez, K. (2012, July 15). Root Cause Analysis as Part of Enterprise Risk Management. Retrieved from www.erm-strategies.com/blog/wp-content/uploads/../RCA-ERM.pdf
Hall, S. (2010, October). The Role of Risk Management in Healthcare Operations. Retrieved from http://www.psfinc.com/press/the-role-of-risk-management-in-healthcare-operations
Rooney, J., & Vanden Heuvel, L. (2004, July). Root Cause Analysis for Beginners. Retrieved from https://webspace.utexas.edu/mae548/www/research/../qp0704rooney.pdf‎

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