As a risk manager, it is essential that you are able to explain the concepts of risk management in the health care industry. In this instance, you have been tasked with identifying possible risks in a variety of areas and recommending actions to mitigate those risks. You will present your analysis to your leadership board.
Choose 3 risk domains and identify potential risks within each of the domains. You will choose 3 risks total to complete the presentation for leadership.
Domains of Enterprise Risks
StrategicExamples of risks: mergers, acquisitions, brand/reputationOperationalExamples of risks: efficiencies, following policies/procedures, equitable careFinancialExamples of risks: capital, cost of malpractice claims, claims fraud/abuse, billingClinical/patient safetyExamples of risks: medication errors, patient and employee safety, hospital-acquired conditionsHuman capitalExamples of risks: turnover, staffing, fatigue/overworked, companion, HR-relatedLegal/regulatoryExamples of risks: following rules/regulations, licensing, accreditation, liabilityTechnologyExamples of risks: security of health records, maintenance of medical equipment
Assessment Deliverable
Create a 12- to 15-slide presentation in which you:
Describe each enterprise risk domain (3 slides).Describe a potential risk for each domain (3 slides).Analyze potential outcomes associated with each risk.Recommend actions to avoid each risk (proactively).Describe a plan to mitigate each risk (if it occurs).Recommend actions to monitor each plan.
Include detailed speaker notes
Cite at least 3 sources and format them according to APA guidelines.
