Write 6 pages analyzing a specific issue that occurred in a health care organization. Apply risk management best practices to it for the purpose of early risk identification and risk reduction or elimination in the future.
Preparation
To successfully complete this assessment, use the Risk Management Policy & Procedure Template [DOC] to address the following:
• For part 2 of this assessment, you will conduct an in-depth analysis of the organizational risk you selected from the Vila Health: Patient Safety simulation.
• Review the Risk Management Policy & Procedure Template [DOC], which you will use to complete your assessment. This document is formatted and has space for completing all components of the assessment.
Instructions
Part 1: Risk Management Policy and Procedure (3–pages)
As the new risk manager in your health care organization, your director has assigned you the responsibility of drafting the organization’s risk management policy and procedure. This assessment stemmed from your director’s perception that employees lacked knowledge and awareness of risk management’s contribution to furthering the organization’s safety and quality improvement efforts. Likewise, your director also saw evidence that departments within the organization were inconsistently applying risk management principles to their daily work practices.
The guidance you have received from your director about writing this policy and procedure is that it needs to include all of the following headings. It also needs to answer all of the questions underneath each heading:
• Purpose Statement:
o How can a risk management program help this organization advance its strategic safety and quality goals?
• Key Risk Management Terms:
o What is the definition for each of these risk management terms?
Risk prevention.
Risk reduction.
Regulatory compliance.
Patient safety.
Adverse event.
Near miss.
• Risk Categories and Risk Identification Techniques:
o Discuss 3 of the 5 following health care risk categories, as well as their corresponding risk identification technique:
Financial.
Human capital.
Clinical.
Strategic.
Legal/ethical.
o What risk management strategies will the organization use to identify potential organizational risks? Be sure your narrative identifies and describes such risk identification techniques as concurrent, retrospective, incident-reporting, and previous trends.
Note: These are only a few of the risk identification techniques to address in your policy and procedure. Be sure to include other examples you are aware of from your professional experience or from your readings.
o What are some specific examples of risks and their appropriate corresponding risk identification techniques? For example, coding errors are a type of financial risk. Retrospective auditing is the risk identification technique used to identify this risk type.
• Risk Manager’s Role in Program Implementation and Compliance:
o What is the risk manager’s role in risk management program implementation and compliance?
o How can a risk manager impact the effective management of the organization’s risk management program?
o What is one example from the literature that shows how the risk manager role can positively impact a health care organization’s management of its risk management program?
Part 2: Application of Risk Management Principles to a Specific Incident (3–pages)
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