Relation of Accreditation to Risk Management

Relation of Accreditation to Risk Management
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Institution
Accreditation is a program in which accreditation agencies evaluate the healthcare facilities' compliance and compare it with pre-established performance standards(Alkhenizan & Shaw, 2011). It provides healthcare facilities with many benefits. It improves the management of risks, and reduction of risks to many patients. Accreditation strengthens and organizes the safety of patients in case risk occurs. Accreditation improves access to insurance coverage and reduces the cost of liability insurance coverage. It helps in identifying strengths and weaknesses in the program and processes of the health care organizations. When proper plans are missing, services can be inaccurate, further affecting how and when healthcare providers treat patients.
Moreover, using accreditation can fix the gaps in healthcare facilities by measuring their performance. Various organizations have to meet a set of accreditation standards and requirements to be accredited. Healthcare organizations must provide and maintain building features to prevent individuals who work...