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Health care organizations are faced with many categories of risk that must be assessed and mitigated. Some categories of risk relate to the assurance of patient safety, physical plant integrity during various operating challenges, and business and financial risk. For this assignment, you will explore categories of risk and make recommendations regarding how to preserve patient safety and physical assets, as well as accounts receivable and related financial risks. Essentially, you will explore strategies to minimize risk and assess when and how much additional risk mitigation is needed. You may consider hedging strategies for financial risk such as the use of a captive for self-insured health plans. Or, you might explore the feasibility, for a facility located in hurricane or flood prone areas, of purchasing additional insurance or build-outs like submarine doors on the ground floor. Your deliverable for this assignment is the application of an economic evaluation to address a real-world health care issue that deals with balancing prevention and safety measures with relative costs.
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Requirements
The topic is Access to Healthcare and the solution is Remote Area Medical facilities
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