Risk management is perhaps more essential in the healthcare sector than any other domain. With the employment of risk management plan, healthcare providers aim to protect and safeguard patient safety along with systemic and proactive management of organization’s brand value, assets, reimbursement levels, community standing, market share and accreditation from any type of risk. This job of executing risk management strategy in the healthcare is done by healthcare risk managers who are professionally trained to assess and minimize the risk that may threaten the organization’s staff, the common public, and the patients.
It is the task of a healthcare manager to identify any kind of threat posing against their organization and try to evaluate the possible impact to take immediate steps that can reduce risk to patients, staff, visitors, or any member within their structure.
