Healthcare Risk Management ( Hrm )

The main objective of Beaumont Hospital is to provide high quality, efficient, accessible services, in a caring environment for Southeastern Michigan residents. Beaumont Hospital believes that patient safety is just as important as medical progression. Therefore, Beaumont Hospital’s risk management program consists of identifying hazard associated risks, controlling risks, and monitoring the effectiveness of procedures/practices. Risk is a part of patient care and services because everything doesn’t always go according to plan. Catastrophic patient injuries often occur because of unanticipated failures. The risk management team is responsible of effective surveillance, analysis, and prevention of events which may injure patients, lead to malpractice claims, or cause loss to the health care system. The risk management staff at Beaumont use the Failure Mode and Effects Analysis (FMEA) as a tool to anticipate what might go wrong with a process or product and how that failure effects the patient. FMEA is designed to dissect a particular process into its individual steps, isolate the potential steps that could cause the problem, assign a specific risk level to each abnormal step, analyze the risk potential for the process, and assign and action plan to correct the problem (Fibuch & Ahmed, 2014). The risk management team also evaluates and modifies potential problems. Beaumont Hospital’s risk management team helps avoid or eliminate risks by identifying an alternate

The purpose of risk assessment is not to remove risks, but to take reasonable steps to reduce them. The process involves looking at the risk, and considering what can be done to make it less likely that the risk will develop into a reality. This can be done through implementing policies and codes of practice, acting in individual’s best interests, fostering culture of openness and support being consistent, maintaining professional boundaries and following systems for raising concerns.

The main objective of healthcare professionals is to provide the best quality of patient care and the highest level of patient safety. To achieve that objective, there are many organizations that help improve the quality of care. One of the best examples is the Joint Commission. Unfortunately, the healthcare system is not free from total risks. In healthcare activities, there are possible errors, mistakes, near miss and adverse events. All of those negative events are preventable. But, it is clear that errors caused in healthcare result in thousands of deaths in the United States.

Risk management is about reducing the likelihood of errors with the aim of improving and monitoring the quality of health care services. The purpose for risk and quality management is to improve the care of the patients and reduce liability among the staff and the patients. In following risk and quality management protocols

To establish a comprehensive, proactive risk assessment process to evaluate the potential adverse impact of direct and indirect patient care

Risk management is designed to mitigate safety concerns, assure quality and protect patients’ rights. Risk management is both proactive-eliminating risks before they can occur, and reactive-after a risk has occurred, taking steps so if will not occur again. Every

S., & Kavaler, F. (2014). Risk management in healthcare institutions: Limiting liability and enhancing care. Burlington, MA: Jones & Bartlett Learning.p. 138, 143

The Joint Commission has set forth standards for health care organizations to reduce the number of risks and amend the quality of care and the safety of the patient. Risk management and quality management focus on these attributes of the organization and the patient. Risks are impossible to avoid since it linked to everyday living and the workforce. Risk management must take the initiative to distinguish and oversee these risks. Due to the lack of consistency in the quality of care, health care organizations aim to reduce the negative outcomes of the patient safety through quality management methods. Internal and external factors may pose a risk that can have an impact on the organization and the consequence of the patient care and safety.

Risk management in health care is critical as it is the umbrella that covers many different areas from protecting patient information, ensuring proper procedures in the handling of medications, educating and providing training to all employees, and so much more. Risk management is critical because ensures the facility is operating within regulation. Quality management establishes the functionality of providing patients with quality care for a decent market value, which includes good customer service, timely visits and advanced technology.

Through a mixture of Clinical and Actuarial assessment it is argued that an effective Risk Management Plan can be put in place.

The issue of risk scenario carries immense importance for most of the hospitals that are part of the healthcare setting. However, there is not only one scenario that can affect the hospitals but

Healthcare risk directors are urged to work together with other senior managers in their associations so as to augment the helpfulness of arrangements and processes and diminish possible related risks. Generate a system level strategy and process oversight group with multidisciplinary participation and delegates from all divisions. Consider establishing area particular subcommittees for every office: nursing, pharmacy, biomedical designing, and so on. Integrate instructing about policy and process compliance in new-worker orientation programs. Incorporate talk of every staff’s individual's obligation to practice judgment in particular circumstances and figure out whether any portion of the strategy or process necessitates change. In such circumstances,

1. Risk Management and why this is required for the National Health Service (NHS) Risk management is essential in any industry as it is not always possible to predict the future. However, by carrying out certain procedures and taking precautions, a more favourable outcome can result over a less attractive one (Garlick, 2007, p.3). This is greatly beneficial for the publicly-funded National Health Service (NHS) as it assists the organisation comply with the ‘the Standard for Better Health for England and the Healthcare Standards for Wales.’ The National Patient Safety Agency (2006) states that understanding all potential risks will aid the organisation in coping with unexpected events and ultimately ensure public, staff and patient confidence

Human Resource Management (HRM) is the limit inside an affiliation that spotlights on the enlistment of, organization of, and offering course to the all-inclusive community who work in an affiliation. The HR elements of a firm would include: Human Capital Value, Budget Control, Conflict Resolution, Performance Improvement and so on.

According to Freeney & Murphy ( 2013) risk management is a process of risk identification, response development, risk evaluation, continuous observing and appraisal in order to reduce the risk of injury to patients, staff and visitors. Risk has been defined as “the chance of something happening that will have an impact on the achievement of organisational stated objectives,” HSE (2008) or “the effect of uncertainty on the objectives” ISO 31000 : 2009.