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4 pages/≈1100 words
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Style:
APA
Subject:
Health, Medicine, Nursing
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Essay
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English (U.S.)
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Topic:

Healthcare Risk Management Program

Essay Instructions:

The purpose of this assignment is to analyze a health care risk management program.
Conduct research on approaches to risk management processes, policies, and concerns in your current or anticipated professional arena to find an example of a risk management plan. Look for a plan with sufficient content to be able to complete this assignment successfully. In a 1,000‐1,250-word paper, provide an analysis of the risk management plan that includes the following:
Summary of the type of risk management plan you selected (new employee, specific audience, community‐focused, etc.) and your rationale for selecting that example. Describe the health care organization to which the plan applies and the role risk management plays in that setting.
Description of the standard administrative steps and processes in a typical health care organization's risk management program compared to the administrative steps and processes you identify in your selected example plan. (Note: For standard risk management policies and procedures, look up the MIPPA-approved accrediting body that regulates the risk management standards in your chosen health care sector, and consider federal, state, and local statutes as well.)
Analysis of the key agencies and organizations that regulate the administration of safe health care in your area of concentration and an evaluation of the roles each one plays in the risk management oversight process.
Evaluation of your selected risk management plan's compliance with the standards of its corresponding MIPPA-approved accrediting body relevant to privacy, health care worker safety, and patient safety.
Proposed recommendations or changes you would implement in your risk management program example to enhance, improve, or secure the aforementioned compliance standards.
In addition to your textbook, you are required to support your analysis with a minimum of three peer‐reviewed references.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Essay Sample Content Preview:

Risk Management Program
Student’s Name
Institutional Affiliation
Course Name and Number
Lecturer’s Name
Assignment Due Date
Risk Management Program
Risk management is an essential process in the healthcare organization because this sector plays a significant role in promoting the well-being of the patients. It comprises the clinical and administrative systems, procedures, and reports employed to identify, assess, monitor, mitigate and prevent risks. Through risk management, healthcare organizations proactively safeguard patient safety. For example, in the current health care facilities, the shortage of nurses has been a significant problem pushing organizations to hire new employees. These new employees commonly face a lack of confidence that affects their ability to deliver quality care. As a result, more clinical errors are likely to occur. Mitigating this risk is the priority for healthcare organizations.
Summary of the Type of Risk Management Plan
The selected risk management plan is a new employee in the healthcare facility who requires constant supervision and mentorship to reduce errors in performing their clinical duties. New employees often lack enough confidence working in another environment, which may negatively impact their performance (Hussein et al., 2017). The risk associated with this problem is clinical errors. A risk management plan, in this case, is to assign the new employees a mentor that would build their confidence.
A mentorship program for new healthcare providers will boost their confidence by sharing information possessed by only experienced nurses (Ulrich et al., 2010). The rationale behind selecting a new employee risk management plan is the need to build confidence in new workers. Building confidence enables them to effectively use their knowledge and skills to impact healthcare organizations positively. This plan applies to hospitals because they need competent and confident nurses to take care of the patients. Therefore, risk management plays a significant role in minimizing the clinical errors caused by insufficient confidence among healthcare providers.
Standard Administrative Steps for Risk Management
The risk management process follows five basic steps: - risk identification, risk assessment, risk mitigation, risk contingency planning, and risk tracking and reporting (Alam, 2016). Professionals consider the healthcare industry as an essential sector that impacts everybody. Based on this perspective, healthcare service quality offered within this sector is a significant attribute of the global health market competition. This feature denoted the need to incorporate adequate risk management procedures (Alam, 2016).
1 Risk Identification
It is the first step of the risk management process in a healthcare organization. In this step, the management collaborates with the staff to identify any potential risk in the healthcare facility (Sun et al., 2011). To determine the potential risk, the risk management team monitors the performance of the newly hired employees and identifies their weaknesses.
2 Risk Assessment
Once a risk occurs in the healthcare organization, it is essential to evaluate the possible damages caused. The data analyzed is then ...
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