Healthcare Risk Management Plan

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Risk Management Program Analysis Part One
Patient Safety and Risk Management Program
Description
A risk management plan is the program of choice for the current study because it can serve as a model through which organizations can develop patients’ safety guidelines and risk management plans. The type of risk management plans is a patient safety plan that focuses on matters of patients’ safety and associated risk management. It is necessary for the board of directors of any organization to analyze the plan before disseminating it to the staff of the organization (ECRI Institute, 2010). The patient-safety risk management plan can support the mission and vision of a healthcare facility regarding patient safety and risk management.
The …show more content…

In the organizational setting, managers recommend that the responsible departments or individuals in the organization should be keen to identify events early and report them for immediate action to prevent the potential loss of the organization’s reputation (Bolster & Rourke, 2015). The identified plan also features the aspects of loss control and reduction. In that respect, it is a plan that emphasizes the role of losses on patients’ safety and patients’ outcomes. Risk managers in several healthcare facilities aim at minimizing losses in any part of the system to save resources for emergency …show more content…

It collaborates with other stakeholders in the healthcare system to evaluate healthcare entities and encouraging them to focus on improving healthcare safety (Joint Commission, 2017). Further, the commission ensures that the healthcare services administered to patients are effective in addressing their health concerns and meets the quality standards set by the commission. The standards developed by the commission mainly relate to patient safety, and that is adequate evidence of the commission’s commitment to improving patient safety across healthcare facilities in the country. The standards aim at addressing the safety of medication, transfusions, staff competence, fire safety, security, surgery and anesthesia, seclusion and restraint, and infection control. Sentinel event policy is a famous aspect of the Joint Commission. Implemented in 1996 and revised in 2014, the sentinel policy incorporates patients’ safety and enhances the clarity of the processes of the joint commission (Joint Commission, 2017). Moreover, the joint commission conducts credible and wide-ranging systematic investigations to make changes for reducing the risks and regulating the efficiency of the

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