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Risk Management

There are many priorities for a healthcare organization, such as finance, safety and most importantly, patient care.

UH has qualified healthcare risk managers who are responsible for the assessment, development, implementation, and monitoring of risk management plans with the goal of ensuring safe patient care.

Risk management’s approach to improving the quality and safe delivery of healthcare is by identifying situations that may put patients at risk. A corrective action plan is developed and implemented to prevent or control those risks.

Risk management activities support sound patient relations programs, encourage operational efficiencies and enhance the quality of clinical services. Adherence to the risk management process helps healthcare professionals improve the quality of their services and patient safety.

The risk management process consists of four major components:

  • Risk identification – recognizing potential hazards
  • Risk analysis – determining the potential severity and frequency of the exposure
  • Management of identified risks – selecting the appropriate strategy to address the identified exposure
  • Evaluation – assessing the effectiveness of the chosen risk strategy