Risk Management in Healthcare

hazard Management in Health aweIntroductionRisk is anything that involves danger. Risk substructure be physical, emotional, wellness, or financial wealth. Life is full of ventures and we altogether take endangerment in our lives in order to move forward. Risk suffer be extensive or piffling and prat be taken intentionally or unintentionally. Riskassessmentrefers to the dish by which the short and long-term adverse consequences to individuals or groups in a particular argona resulting from the use of specific technology, chemical substance, or natural hazard be settle downd (Batterman, 2013). An example of intentional put on the line would be doing your subsidization alone not knowing that you go out mountain pass it or not and an example of unintentional jeopardy of infection is not doing the denomination because you did not know you had iodine. So in order to manage take chances it is very important to create some kind of protrude in nursing home with green goddess reduce the erect of any future risk, this is cognise as risk direction. on that pointfore risk management is identification, assessment and prioritization of risks. There ar two major ERM programmes (ISO 31000 OR COSO) which could be used by any giving medication as a guideline to reduce risk. In this assignment I have used ISO 31000 because it is the most-la taste one and easy to understand. motility oneRisk management should be well organized in the enterprise for this to happen the risk manager unavoidably to find knocked out(p) the objectives of the organization in order to concord a proper plan. This can be through with(p) by talking with the owner or opposite lag members of the facility. For example one of the most important priorities for any health provider is the health and inviolablety of its clients and gainers. It is crucial to have friendly and preventive environment for the employees. This can be done by doing regular health and safety audits and seeing the mental faculty and the residents round the health and safety. This as a result leave decrease the percentage of accidents that happen at work and make it safer both for clients and workers.This can lead to expo trusted to lose as they have to put more capital and labour into teaching the staff about health and safety. This can overly result in press release of life or a serious injury. For example there can be an injury at the work place if the clients atomic number 18 not transferred from bed to the couch using a hook. Using a hoist can be more safe, time efficient and as a result will decrease the number of causalities at work.Like this there can be various opposite risks at the hospital so it is the duty of the risk manager to prioritize the highly likely and least(prenominal) likely risk for the enterprise and make the plan accordingly. For example hygiene is very important for the hospital, so it is important for the residents to have shower regular ly. This risk cannot be tolerated as it will impede spreading of diseases and cross contamination. This is one of the essential parts of hospital so risk manager should make out this first. perplexity twoThe model that I have used for this assignment is IOS-31000 to identify the high risk to health c ar business.It was introduced in 2009. It is a code of conduct which is followed by the organization to provide standardized cargon to the clients. This can be used by any organization no matter of its dimension, action and segment. This can help the organization to increase the chances of improving their techniques, achieving objectives, deal and use resources. It in like manner provides guidelines for both internal and external programs. This organization can in addition compare and contrast their risk management policies with an internationally know benchmark therefore providing good principles for effective and corporate governance. ISO31000can be utilise to any type of riskw ith a few provisos. Firstly, the mod definition of risk is the effect of uncertainty on objectives. The notes to the definition include Objectives can have different aspects, such as financial, health and safety, and environmental goals, and can follow up at different levels such as strategic, organisation-wide, project, product, and process. Thus, an organisation must chasten objectives that are relevant to its risk profile (Peace, 2009).There are also other related standards some of them are IEC 31010 and COSO. A risk management technique focuses on risk management. Risk management also helps the organization to understand the risks and make the decisions accordingly so it could effectively meet the objectives. IEC 31010 2009 also focuses on risk assessment concepts and selection of risk assessment techniques.Question threeRisk management process contains five different processes which are firstly identify the hazard, secondly mold who might be harmed and how, third evaluate t he risks and decide on safety measure, fourthly record your determination and implement them and finally revaluation your assessment and update if necessary (Five go of risk assessment ).In identifying the hazard the risk manager should be able to identify the risks that are most likely to happen in the hospital. The two ways to identify risk are retrospective and prospective risk.Retrospective risks are the incidents that previously occurred, so they are easy to identify. This can be done by reviewing audit reports, costumer complaints. Prospective risks are those that have not happened before but might happen in the future. As compare to retrospective risk this is harder to identify. This can be done by brainstorming, researching and reviewing system designs. This can also be done by talking with the staff members or looking at the documentation of the hazards and make the plan accordingly. For examples if falls is one of the major cause of injury in the hospital then there sho uld be a proper plan in place. This can be done by using flush floor sign, making sure floor is dry at all times and assisting the residents when going to the toilet and provide training if necessary to the staff. secondly the risk manager get hold ofs to decide who might be harmed and how. This will help him to know which risk has greater impact than another. The three categories to determine risk levels are qualitative, semi-quantitative and quantitative.Qualitative refers to the images base on some based on some characteristics rather than quantity. It is the most effective method of analyzing risk. Semi-qualitative test is one that doesnt give you the absolute amount of analyses in a sample. lastly quantitative is based on mathematical or numerical numbers pool and quantity rather than the characteristics. For example it does not mean differentiating everyone by their names, but identifying group of people. If you share your workplace, you will need to know your work affects other staff members or members of public and therefore identifying how they might be harmed.In the third process of risk assessment the risk is evaluated and safety measures are taken. The risk evaluation involves measuring and comparing level of risks found during analysis process. Once risk has been identified it is the duty of risk manager to decide what to do about them. He has to be lawful and do everything pretty practicable to protect people from harm. For example there is an infection discovery in the facility. It is the risk managers duty to make sure all the residents and works get immunized, all the clothes and bed sheets are cleaned properly and make sure everyone is safe from the infection and how can they prevent it in future. This can be prevented by using hand sanitizers, airstream hands regularly, wearing gloves and using other precautions when necessary.Fourthly recording and implementing the findings. It is about treating the risk that we not acceptable in th e previous process of risk assessment. This step is used to either eliminate or reduce the effect of the risk. Monitoring and reviewing is a very essential step of the risk management process which will result in positive outcomes for the hospital. Risk needs to be monitored regularly so that new risks are captured in the process and are effectively managed.For example risk assessment does not need to be perfect but it must be suitable and sufficient. A proper check must be made you need to get hold of who might be affected you dealt with all the other significant hazards, also took into account the number of people who could be involved the safety measures are reasonable, and the remaining risk is low and you have also involved your staff or their representatives in the process.Lastly review the assessment and update if necessary. At work sooner or later, there will be new equipments and procedures that could lead to new hazards, so it makes very much sense to review them. Therefo re all the risk management assessment parts are related to monitor and review. For example there is a new hoist at work which is more effective and fast but the workers do not quite know how to use it. So it is the duty of the risk manager to put a plan in place and teach all the workers how to use it and review it regularly. This as a result will prevent any future miss-happenings and make work more safe and efficient.ConclusionThis concludes that it is very important for the organization big or small to have risk management program and team in place to minimize the risk and for the better growth of the business. It can save lives and money and can be extremely profitable for the enterprise and safe for the employs.Referenceshttp//www.broadleaf.co.nz/graphos/iso31000/iso1.gifBatterman, S. (2013). Defination. Risk Assessment , 653-655.Five steps of risk assessment . (n.d.). Retrieved April 24, 2014, from Health and preventative Executive http//www.hse.gov.uk/risk/fivesteps.htmPeac e, C. (2009). ISO 31000. Standard and Deliver , 44-47.