Explain concepts of risk management in healthcare industry

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Reference no: EM131475535

Assignment: Risk and Quality Management Manual

If you look at the assignment carefully, it says to create a "manual".  That is exactly what I am expecting ...not just a paper, but a manual with chapters, etc

Resources: Risk and Quality Management Tools Matrix

Imagine you are a quality leader for a health care organization and have been asked to create a manual for new employees to introduce the basic concepts of risk and quality management.

Part I: Write a 1,750- to 2,100-word manual in which you address the following:

  • Explain basic concepts of quality improvement in the healthcare industry
  • Explain the concepts of risk management in the healthcare industry
  • Analyze the information needed for decision-making processes in risk and quality management in the health care industry
  • Explain challenges in making risk- and quality-management decisions in the health care industry

Part II: Matrix are given below:

Within your manual, you must include a matrix in which you do the following:

  • Analyze the risk and quality management tools used in the health care industry.
  • Consider the following when completing your matrix:
  • What is the risk- and quality-management tool?
  • What is the purpose of the tool?
  • What are the advantages and disadvantages of the tool selected?

To assist you with the development of your matrix use the Risk and Quality Management Tools Matrix located under student materials.  The matrix must be embedded within your training manual.

Risk and Quality Management Tools Matrix

Risk or Quality Management Tool

Purpose

Advantages

Disadvantages

Systems and Processes

To ensure that all efforts are getting proficient exploited, procedures are well-organized and not redundant, and productivities satisfy the requirements of the patients and other shareholders.

Focus on improving systems, and a process widens the offerings, reduce cost, improve the quality of services, and achieve higher patient satisfaction.

Improvement in processes may require investment

Patients' Needs

To ensure the highest level of patient safety, improve the relationship with patients, and satisfy patient's requirements in a cost-effective manner.

A patient-centered approach helps in affordable and high-quality healthcare services

A patient-centered approach requires the use of modern technology, training of staffs, investment in safety equipment, and developing a culture of quality. The doctors need to spend more time with patients, which mean doctors can attend a lesser number of patients. In short run, a patient-centered approach would increase cost.

Team Work

To improve communication within the organization, and make every employee work for quality improvement individually as well as collectively.

A healthcare organization can provide integrated service that will reduce time to deliver service, reduce cost, and improve the quality of services rendered.

Persuading all employees to work in a team is difficult. Some people are excellent at their job but do not fit in any team. Forcing such people to work in a team may affect their efficiency.

Data

To collect and store required data from reliable sources, and use the data in decision making.

Efficient use of data can help in improving processes. Analysis of data also helps the management in identifying areas of concerns and devise proactive risk management plan.

If data is not valid and reliable, a decision made based on such information is likely to be a wrong decision.

 

Verified Expert

In this report identification, analysis those risk factors, every healthcare setting required hiring of a qualified risk manager. The main objective of a risk manager is to identify, develop the risk factors which are associated with the health care setting.Apart from this the risk management matrix has been represented so as to measure the application of attaining business operations.

Reference no: EM131475535

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Reviews

len1475535

4/27/2017 12:40:19 AM

If you look at the assignment carefully, it says to create a "manual". That is exactly what I am expecting ...not just a paper, but a manual with chapters, etc. To assist you with the development of your matrix use the Risk and Quality Management Tools Matrix located under student materials. The matrix must be embedded within your training manual. Format your manual according to APA guidelines. Cite at least 4 peer-reviewed, scholarly, or similar references.

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