ipl-logo

Essay On Risk Management In Healthcare

935 Words4 Pages
bulb-icon

Recommended: Benefits of collaboration in healthcare

As a healthcare administrator you must be prepared for all crisis that may occur within the healthcare industry. Being a leader of an organization; you must accept responsibilities for employees. This is why as new employees or hires enter your payroll they are required to fill out important paperwork. On the other hand a contractor is not set up for payroll, but work on a different principle. If any incidents take place on your organization’s property you will be held liable; each state is different. For example, a patient needs an immediate blood transfusion and the person under contract steps in the place of a permanent employee to sign over legal documents, they had the authority at that time. The authority is given by the hospital administrators; …show more content…

The first step; which is identifying the risk is when the group should be able to recognize certain risks and how to prepare to look into them further. Once your team has identified the risks, they should build an understanding of the risk. Evaluating the risk would be determining the severity of the risk because it may not be serious enough for further treatment. After establishing the highest ranking risk, it is management job to minimize the possibilities for them to grow. Even after recognizing all risks it is still risk management job to continue to monitor and prevent any potential risk from …show more content…

Physician/hospital collaborations, when structured properly, can yield a host of benefits, including improvements in several key areas: economics, quality of care, operating performance, resource consumption and physician retention and leadership. The hospitals will have to evaluate physician competency level, even when under contract. The reason being is because hospitals are held accountable regardless, but if they had a more reliable staff it could reduce lawsuits. Physicians rely on hospitals for the use of their facilities and also to gain income. To have financial security is a motivation alone for physicians that work in the

Show More
Related
1109 Words | 5 Pages

This question represents at least half of the medical community, and makes people question the intended and unintended consequences in a profit - driven health care system, the supposition of quality health today, and whether they

Read More
146 Words | 1 Pages

One paramount difference right now is that healthcare organizations are essentially hiring in lieu of firing; hence, recruitment and retention are one of the most paramount issues. This is not obligatorily the case in other industries. The Cumulated States health care system faces many challenges in endeavoring to find a viable future. According to Dombovy (2002) among the critical issues are: • Achieving consensus on the constructs of health care • Reducing clinical variation/ enhancing quality • Financing incipient technology and drugs while circumscribing the rate of incrimination in health care costs.

Read More
519 Words | 3 Pages

Learning Team Discussion In this summary, the team discusses the association between risk and quality management and their impact on health outcomes. Risk management is the recognition of anything or anyone who can cause harm to an organization. An example of a risk of an organization is finances or a technical deficiency. Quality management aims to find the motive of risks and develop a plan for the betterment of quality care for the patient.

Read More
540 Words | 3 Pages

Thing can fall through our fingers yes, but it is the organizations job to follow the right procedures mandated by the law. This in turn can contribute to finding better ways to protect patient’s personal information and keep the hospitals quality for caring and protecting their members not just their physical needs, but personal needs as

Read More
752 Words | 4 Pages

Retrieved from https://www.gpo.gov/fdsys/pkg/USCOURTS-mied-2_14-cr-20273/pdf/USCOURTS-mied-2_14-cr-20273-6.pdf United States vs. Trotter and Lovett demonstrated how liability extends beyond a provider when Lovett, the owner of the billing company, was convicted of Medicare fraud and abuse. This case exemplifies how all workers within a healthcare system can be liable for the misuse of Medicare funds. Because of this, understanding the laws and regulations by healthcare workers is critical to ensure they are properly enforced. Government Publishing Office. (2018).

Read More
470 Words | 2 Pages

Creating value through collaboration has been a topic of concern over the last 50 years as the spending in health care has increased. The goal is to provide quality and affordability and because of past efforts, enrollment increased drastically while it created a shortage of providers. Integrating behavioral and medical health has not been properly addressed due to stigmas and lack of education. Behavior health is more common today and costly. In efforts to integrate and improve patient outcomes and provider experiences there are many ways to achieve this goal such as train medical providers, train behavioral practioniers and embed behavioral providers in primary care settings.

Read More
1010 Words | 5 Pages

There are many stakeholders involved with health care administrations. Those stakeholders can be patients, health care physician, insurance providers, pharmaceutical manufactures, hospital organizations, community clinics and government. Each different stakeholder has their own individual vision of health care administration. This causes conflict due to the nature and differences in vision. which then can cause conflicts among each stakeholder involved.

Read More
493 Words | 2 Pages

According to Garment (2013), “The American Association of Medical Colleges (AAMC) estimates that the U.S. will face a physician shortage of over 90,000 physicians by 2020; a figure that’s expected to reach over 130,000 by 2025” (p.4). The increasing amount of money required for health care services from a physician is a driving force to pursue alternative ways of receiving primary care. According to The American Association of Nurse Practitioners (2013), “NPs in a physician practice potentially decreased the cost of patient visits by as much as one third, particularly when seeing patients in an independent, rather than complementary, manner” (p. 2). NPs are maintaining the standard of care and for a lesser amount for patients to pay. Mid-level practitioners are completing the same amount of work and improving the quality of care.

Read More
700 Words | 3 Pages

Children and young adults always experiment new ways and new things of doing things. As they are growing in a world of hazards and dangers that it would not be correct to keep them far from some of critical situations where we must support but not smother them as the children could possibly grow up unsociable, nervous and unhappy , if we restrict them from such situations, we may restrict their learning. So, it is very important that teaching the students the skills that will help in managing dangers and risk for themselves. By giving the opportunity to experience a certain level of risky practices will helps the students to develop competences and confidence to make their own balance approach in risk taking, so that the students are not over protected. •

Read More
1249 Words | 5 Pages

Physicians and Hospitals go hand in hand when it comes to the medical care of patients, and it is this relationship that allows the patients to receive the care they need and deserve. It is also this relationship that we as health care administrators need to understand. In order to fully understand this relationship we need to define the concept of the integrated physician model. We also need to explain the importance of clinical integration in the strategic planning process, and the dynamics of and controversies surrounding accountable care organizations and alternative approaches to the current health system. I will also explain the advantages and disadvantages for hospitals and physician’s models.

Read More
1567 Words | 7 Pages

The malpractice claims for that hospital went down by 70 percent in comparison to hospitals that acted as a control who only saw a 3 percent decrease. That’s a pretty big benefit for any facility, but this also offers a great deal of benefits for individual physicians, as well. No one wants to go through the situation of dealing with a malpractice suit, and this is a great benefit. There are more benefits to be gained.

Read More
741 Words | 3 Pages

At the appropriate time in the project schedule a Risk Manager is assigned to each risk. During the bi-weekly project team meeting the Risk Manager for each risk will discuss the status of that risk; however, only risks which fall in the current time period will be discussed. Risk monitoring will be a continuous process throughout the life of this project. As risks approach on the project schedule the project manager will ensure that the appropriate risk manager provides the necessary status updates which include the risk status, identification of trigger conditions, and the documentation of the results of the risk

Read More
1087 Words | 5 Pages

Many private hospitals counters this by poaching the experienced physicians with high remuneration. The Private players also looking to various methods to reduce cost including economies of scale and scope so that more people can be treated with better facilities. 2.2 (g) Bed occupancy rate remains high for the last 5 years despite increase in number of beds. Also the growth of in­patient volumes in line with addition of beds are also increasing. Hence the excess capacity is in general small and Industry attractiveness is high

Read More
1533 Words | 7 Pages

Health care cost has seen to increase gradually as years go by. This has been influenced by major factors such as political influence, emerging chronic diseases, new procedures that are coming up including the technologies being invented for treating illnesses, pricing of medicines and treatment is not regulated and when treating ailment their may arise repetition of tests or a patient gets over treated for a particular ailment. The cost of healthcare has increased due to chronic diseases such as cancer and diabetes etc. The lifestyle people are living in this generation has led to the development of diseases that are expensive to treat or has led to there being over treatment in such for a cure of a particular ailment.

Read More
1610 Words | 7 Pages

Ethics can be explained as principles a society develops to guide decisions about what is right and wrong. Ethical principles that society has are influenced by religion, history, and experience of the people in the group. Meaning that ethics is based on guidelines we have learned while growing up, that helps us differentiates what is right and what is wrong. For example, some people think health care should be a human right as others think it should only be available to those who can pay for it. Each group of people is guided by the principles they believe in.

Read More

More about Essay On Risk Management In Healthcare

Related Topics

Open Document