The Effects Of Risk Management On Health Care Organizations

In the context of risk management, there are several ways that Failure Mode and Effects Analysis can be used to improve processes in health care organizations. According to Stanley Davis and colleagues, documenting and analyzing potential risks proactively is essential for improving patient safety (Davis, et al., n.d.). The article states that Failure Mode and Effects Analysis (FMEA) is used prospectively to identify the possible system failures, and to fix the problems to make the system more robust before an adverse event actually occurs (Davis, et al., n.d.). In a study conducted by G Bonfant and colleagues (2010), FMEA was used for chronic hemodialysis outpatients. The authors recorded phases and activities, listed activity related failure modes and effects, described control measures, assigned severity, occurrence and detection scores for each failure mode and calculated the risk priority numbers (RPNs) by multiplying the 3 scores (Bonfant, et al., 2010). The authors (2010) also analyzed failure mode causes, made recommendations, and planned new control measures. Their results showed that the failure modes with the highest RPN was from communication, and organizing problems (Bonfant, et al., 2010). They (2010) created two tools to fix the communication flow, including dialysis agenda software, and nursing datasheets. In addition, the authors scheduled nephrological examinations, and changed medical and nursing organization, and this resulted in a decrease in RPN valueShow MoreRelatedComponents Of A Risk Management Program1170 Words   |  5 Pageshealthcare organization, no matter how small or specialized, should be aware of its risk situation and take appropriate measures to protect itself against clinical, financial and operational exposures. 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Therefore, Beaumont Hospital’s risk management program consists of identifying hazard associated risks, controlling risks, and monitoring the effectiveness of procedures/practices. Risk is a part of patient care and services because everything doesn’t always go according to plan. Catastrophic patient injuries often occur because of unanticipated failures. The risk management team is responsible of effective surveillance, analysis, and prevention of eventsRead MoreBlue Cross Blue Shield Of Georgia1714 Words   |  7 Pagesforth standards for health care organizations to reduce the number of risks and amend the quality of care and the safety of the patient. Risk management and quality management focus on these attributes of the organization and the patient. Risks are impo ssible to avoid since it linked to everyday living and the workforce. Risk management must take the initiative to distinguish and oversee these risks. Due to the lack of consistency in the quality of care, health care organizations aim to reduce theRead MoreRisk Management Assessment Paper1066 Words   |  5 PagesRisk Management Assessment Paper Ebonie Franks University of Phoenix Risk Management Assessment Paper The effort to decrease and evaluate risks to patients, staff, and organizational resources within a health care institution is defined as health care risk management. In order for facilities to minimize financial loss is to reduce accidents and injuries. All health care facilities and providers put risk management in to practice on a continuing basis. In 1985, the senior officers of theRead MoreEvergreen Woods Health And Rehabilitation Center1624 Words   |  7 PagesRisk and Quality Management Assessment Summary Evergreen Woods health and rehabilitation center is located in Spring Hill Florida. The center has been serving Hernando County for over 25 years. Services that the center offers are: Post-acute services, Rehabilitative services, skilled nursing, Short and long term care through physical, occupational and speech therapists. The mission of Evergreen Woods health and rehabilitation center is to provide comprehensive services to meet the care of the residentsRead MoreEvent Management; Legal and Ethical Responsibilites with Respect to Risk Management685 Words   |  3 Pagesresponsibilities with respect to risk management The theme Ethics and Risk Management signifies that each of these two disciplines—risk management and ethics—depends on the other. Good risk management requires good ethics; and good ethics requires good risk management. This implies that, from a positive perspective: †¢ First, for an organization/company to manage its risks well, everyone who represents that organization/company must practice good ethics. †¢ Second, for an organization/company to act ethically