Why we must identify risks in the health care setting

In the first place, begin by providing an overview of why we must identify risks in the health care setting and why it is important involving  each member of the organization  in the identification and in taking action for addressing the risks, all of which should ultimately result in a reduction of overall risk.

In addition,  introduce and describe how to implement at least two different tools  to improve performance and reduce risk.

Moreover, include visual tools .

Submission Requirements:

Your paper should be three to four pages in length and conform to APA guidelines in the CSU Global Writing Centre.

Include at least two to four scholarly references in addition to the course textbook.

The CSU Global Library is a good place to find these references.

More Details;

Risk is anything that can result in an unexpected outcome or a loss. You can find risk in just about any industry—the financial sector, in transportation, even the health care sector. While all forms of risk can’t be avoided, there is a way they can be managed—through risk management. Comparatively, you can manage your risks by diversifying your investments and reallocating the assets in your investment portfolio. Companies may be able to manage their risks through innovation, and development. But how does this work in the health care industry? This article looks at the basics of managing risks in this sector.

KEY TAKEAWAYS

Consequently risk management is the process of analyzing processes and practices that are in place, identifying risk factors, and implementing procedures to address those risks.

Firstly, in health care, risk management in health care can mean the difference between life and death, which makes the stakes significantly higher.

Secondly, while the bottom line is important, the health care industry’s main priority is and should be saving and protecting lives.

Lastly, the key to success is a centralized reporting system.