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Benchmark___Risk_Management_Program_Analysis___Part_One.pdf

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Benchmark___Risk_Management_Program_Analysis___Part_O

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Running head: Benchmark - Risk Management Program Analysis - Part One 1




Monyacademia
Grand Canyon University: HLT-308V-0501

May 9, 2020




The purpose of this assignment is to analyze a health care risk management program.

Conduct research on approaches to risk management processes, policies, and concerns in your current
or anticipated professional arena to find an example of a risk management plan. Look for a plan with
sufficient content to be able to complete this assignment successfully. In a 1,000‐1,250-word paper,
provide an analysis of the risk management plan that includes the following:
1. Summary of the type of risk management plan you selected (new employee, specific audience,
community‐focused, etc.) and your rationale for selecting that example. Describe the health care
organization to which the plan applies and the role risk management plays in that setting.

2. Description of the standard administrative steps and processes in a typical health care
organization's risk management program compared to the administrative steps and processes you
identify in your selected example plan. (Note: For standard risk management policies and
procedures, look up the MIPPA-approved accrediting body that regulates the risk management
standards in your chosen health care sector, and consider federal, state, and local statutes as
well.)
3. Analysis of the key agencies and organizations that regulate the administration of safe health
care in your area of concentration and an evaluation of the roles each one plays in the risk
management oversight process.
4. Evaluation of your selected risk management plan's compliance with the standards of its
corresponding MIPPA-approved accrediting body relevant to privacy, health care worker safety, and
patient safety.

5. Proposed recommendations or changes you would implement in your risk management
program example to enhance, improve, or secure the aforementioned compliance standards.




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, Risk Management Analysis 2

Healthcare Industry

A physician assistant has many obligations like diagnosing illnesses, prescribing drugs,
and having care plans for a patient. The preparation required for this career path is an
associate's, bachelor's, and a master’s graduate degree.
To ensure high level of comprehension, physician assistances are required to take
endless numbers of hours for classes, they must also participate in several hours of
clinical rotations. Alongside all of this, one must master numerous precautionary
measures, assurance contemplations, and be aware of risk management protocols.
Most positions in the healthcare career industry, require dedication from each
employee, in addition to following a myriad of rules and regulation. Risk management is
an intracule piece of a health care program or organization. According to the Association
for Protection Management, risk management is
“the forecasting and evaluation of financial risks together with the identification of
procedures to avoid or minimize their impact. Risk analysis and risk
management is a process that allows individual risk events and overall risk to be
understood and managed proactively, optimizing success by minimizing
threats and maximizing opportunities and outcomes.” [5]

One of the many things that each health care facility has, is a risk management program
or organization. Risk control or management are intended to prevent injury to patients,
visitors, and healthcare providers. This process mitigates legal and financial risk to the
hospital or medical facility and promotes a safe workplace environment. Risk
management plans and protocols are implicated to ensure everything is by identifying it,
managing, or migrating the risk.


Risk Management

Just a few important categories that are addressed by risk management should
have is patient and family grievances, purpose, benefits, communication plans,
contingency plans, reporting protocols, response, and mitigation. The development of a
risk management program and policies is not a simple process. Its formation requires a
high level of studying, analysis, and formal planning. There are in fact many steps to
creating a risk management system, they include: [1] (Snow, 2010)

- Step one: Establishing your context
Identifying, asses, and document potential risk

- Step two: Identification of possible risks
Instead of looking at the problem at hand, consider the causes of problems

- Step three: Assessment
Once risks have been identified, they must be assessed for potential severity of
loss and probability of occurrence



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