Risk Management And Organizational Change Strategy

✓ There is risk management, however, the company has to evaluate the risk and work on strategy plan by identifying the potential risk and changes that should be perform after the acquisition.

The following assignment options provide the opportunity for you to identify how a health care process might be updated, streamlined, or implemented in a health care organization.

One possible outcome measurement strategy that will be utilized will be patient satisfaction surveys. These surveys are sent out after patients have been discharged from the rehabilitation hospital. The surveys consist of questions that cover the quality of care received by nursing, physical therapy, occupational therapy, dietary services, speech therapy, physician care, etc. The survey also covers the hospital itself, to include cleanliness, noise level and so on. These surveys will allow the quality management director to collect data on areas that need improvement and areas that are doing well. The areas that need improvement will show where training can be developed or new policies developed to assist with implementing new changes or making adjustments to the current changes.

The safeguards applied will be based on the sensitivity of the information, with the highest level of security given to the most sensitive personal information. We utilize user IDs, passwords and encryption innovation, and limit the workers and contractual workers who have access to personal information to those having a "need to know" and who are bound by confidentiality obligations in order to guarantee that information is taken care of and stored in a secret and secure way. While destroying personal information, we delete electronically stored personal information and shred any physical materials containing personal information, you acknowledge that deleted information may continue to exist on backup media but will not be used unless permitted by

Dr. Lindsey medical group achieves regulatory compliance, automated information access and a user-friendly work environment by converting records from paper to an electronic format.

A risk management and legal issues associated with the mergers can be credentialing. According to Buchbinder & Shanks (2012) the internal control of compliance programs is the responsibility of the board, internal personnel, and management. Some risks that could happen are shortages on registered nurses (RNs), quality of work can go down, and demoting can also cause issues.

What are the major deal risks inherent in this merger transaction? How and to whom does the merger agreement allocate these key risks? (See, in particular, case exhibit 4.)

Organizational change can be a challenging and difficult process for each person who is involved. Probability of meeting resistance is extremely high; however development of strong leadership base is vital for implementation of an organizational change to be successful. Inadequate staffing in skilled care facilities still remains one of the biggest issues that our nation is experiencing even until now ( Goodwin, 2002). Even when staffing numbers are to the minimum it is requirement of each nurse to use her skills and knowledge to deliver the best care to the patient’s that she is caring for. To eliminate this issue, implementation of nurse staffing plan is a must.

Managing organizational change is the process of planning and implementing change in organizations with maximum effectiveness and minimum circumstances and resistance. Today 's business environment requires companies to undergo changes almost constantly if they are to remain competitive. In this project paper I am going to discuss organizational change in PepsiCo. I will take a closer look on management approach and forces for change. I will introduce the change, make diagnosis and discuss how the change can be implemented.

In the context of risk management, there are several ways that Failure Mode and Effects Analysis can be used to improve processes in health care organizations. According to Stanley Davis and colleagues, documenting and analyzing potential risks proactively is essential for improving patient safety (Davis, et al., n.d.). The article states that Failure Mode and Effects Analysis (FMEA) is used prospectively to identify the possible system failures, and to fix the problems to make the system more robust before an adverse event actually occurs (Davis, et al., n.d.). In a study conducted by G Bonfant and colleagues (2010), FMEA was used for chronic hemodialysis outpatients. The authors recorded phases and activities, listed activity related failure modes and effects, described control measures, assigned severity, occurrence and detection scores for each failure mode and calculated the risk priority numbers (RPNs) by multiplying the 3 scores (Bonfant, et al., 2010). The authors (2010) also analyzed failure mode causes, made recommendations, and planned new control measures. Their results showed that the failure modes with the highest RPN was from communication, and organizing problems (Bonfant, et al., 2010). They (2010) created two tools to fix the communication flow, including dialysis agenda software, and nursing datasheets. In addition, the authors scheduled nephrological examinations, and changed medical and nursing organization, and this resulted in a decrease in RPN value

Risk managers are a vital lifeline in the healthcare organization. If this organization had an active risk manager in place, many of the events leading up to the infant losing its life could have been prevented. There are many steps that a risk manager must take once a risk is identified, this paper will walk through the steps that are required after the risk happened.

Many companies emphasize a culture of continuous improvement. While never being satisfied with the status quo can drive

“Effective change management offers a standardized method that efficiently evaluates the potential positive and negative aspects of change” (Scarborough, n.d.). In order to fully understand the change, and the impact of the proposed change, it is helpful to have all of the facts. However, when faced with decisions that offer very little information either short term, or long term, judgement comes more into the equation than factual information. In these instances managing risk becomes an ongoing process. When you are unaware of all of the possible effects of decisions you must constantly reevaluate the situation and make needed changes immediately in order to mitigate future risk. As the changes unfold risk can become clearer and more effectively mitigated.

Mergers and acquisitions are expanding in worldwide as associations attempt to grow their operations and increment their upper hand. Yet, regardless of hopeful desires, mergers and acquisitions regularly come up short, to a limited extent since director’s disregard human asset issues, which are occasionally considered until significant issues emerge. This study highlights the significance of proactive administration of human asset issues, simultaneously with recommendation for the issues, and offers point by point commonsense guidance to guarantee that the procedure will succeed.

John (1999) said that one of the biggest problems faced by those managing the merger and acquisition process. The world of business has transform from an industrial to an intellectual basis, and while those managing M&A 's are still busy studying all the old parameters, they are missed out all the new important point.