Health Care Organizations' Risk Management Strategies Term Paper by Nicky

Health Care Organizations' Risk Management Strategies
An examination of the role and impact of risk management in health care organizations.
# 149237 | 1,836 words | 5 sources | APA | 2011 | US
Published on Nov 30, 2011 in Business (Industries) , Business (Management) , Medical and Health (General)

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The paper identifies the role of risk management in health care organizations, the characteristics of a successful risk management program and its impact on health care costs, staffing and capability. The paper examines risk management in regards to the government regulatory environment and offers recommendations for implementation of the risk management process. Finally, this work considers the impact of the risk management process on health care policy-making and emphasizes how today's health care organizations must necessarily take a new and expanded look at their risk management strategies. A figure is included in the paper.

Health Care Risk Management
Risk Management Program Elements
Successful Risk Management Program is 'Consistent' and 'Thorough'
Summary and Conclusion

From the Paper:

"Characteristics of a risk management program that is successful in nature are the characteristics of processes stated to be both "consistent' and thorough'. As well, these processes should be continuously reviewed and updated and those in charge of managing risk should seek resource availability and should include updates and standards as a function for the development and revision of processes of the organization. Included in a risk management program are the following required elements: (1) Policies and procedures that are developed specifically for the function of risk management which are in written form and in which described is the position held by risk manager and whom the risk manager reports within the organization. Incident reporting requirements should be outlined within the organization and specifically by risk management within the organization in order to "delineate claims handling and reporting requirements." (Chubb, 2009, p.4)
"Secondly included is that risk management is a process and one of the nature in which the policies and procedures of the organization are aligned so as to guarantee that consistency with the standard of care delivered in the faculty of practice so as to avoid these being utilized as evidence of negligence or deviation from the standard of care."

Sample of Sources Used:

  • Carlisle, Arby (nd) New Dimensions in Clinical Risk Management Strategies. Aug 01 2005. Cath Lab Digest Vol. 1305, Issue 8. online available at: Management Programs:
  • Components for Success (2009) Chubb. Online available at:
  • Brannan, Wayne L. and Taylor, Jennifer R. (nd) A Model for Enterprise Risk Management within a Healthcare Organization. Session No. 527. Online available at:
  • Adams, G.W. and Campbell, M. "Where Are You on the Journey to ERM?" Risk ManagementMagazine. September 2005: 16-20.
  • Braz, R., et. al. "Monographs: Enterprise Risk Management." Journal of Healthcare RiskManagement. 25(2005): 11-24.

Cite this Term Paper:

APA Format

Health Care Organizations' Risk Management Strategies (2011, November 30) Retrieved June 03, 2023, from

MLA Format

"Health Care Organizations' Risk Management Strategies" 30 November 2011. Web. 03 June. 2023. <>