Risk Management Plan in hospital (2) Essay Example | Topics and Well Written Essays - 6750 words

Risk Management Plan in hospital (2) - Essay Example Administrative control Cost containment Part of the business plan for the hospital Hospital Risk Management: Operative Activities Risk identification Preparation for emergencies and disaster Proper discharge and appropriate patient transfer Attainment of informed patient consent Optimal medical staff monitoring and peer review Claims investigation and claims management Specific disease policies Administrative Control Administration Operation Environmental concerns Patient care Medical ancillary departments Legal and ethical issues Financing for these activities Scope Cost containment Counteracting spiraling risk associated costs Specific risks and their solutions Improvement in stakeholder satisfaction Integration with quality assessment Specific Risks Liability risks Malpractice suits Local legislation and regulations Financing and insuring risks Risk prevention Transfer techniques Patients' rights Accidental falls Property damage Reduction in cash flow Employee benefit risks Lowering community image Objectives A confident decision making and planning to ensure patient safety Analysis of patient safety issues and policies yields accurate identification of opportunities and threats Appraisal of uncertainty and variability of scenarios and extracting meaning out of them Proactive management and planning targeted at prevention Uniform and legitimate allocation of resources in synchronization with quality policies of the hospital Efficient management of adverse incidents leading to cost cutting and loss prevention Enhanced stakeholder trust, reputation of hospital, and confidence building in potential future customers Conformity to legislative and legal frameworks Smooth and effective corporate and clinical...From that perspective, while dealing with the issues related to patient safety, it must be considered that most medical and nursing professionals are aware about the issues related to patient safety. Studies of other high-risk industries and human factor engineering have led to advancement of knowledge about how mistakes and errors can lead to compromise in patient safety while cared for in a hospital. Indeed, the issues with patient safety are very closely linked with quality of care delivered, and medical profession is ethically bound by the principles of no harm. Current knowledge indicates that many people admitted to the hospital may suffer an injury resulting from error or negligence on the part of caregiver, for which not only the hospital, but also healthcare professional is responsible leading to liabilities. These are known as adverse events, and a risk management plan drawn on the current scenario of the care in the hospital wo uld be legitimate. In this assignment drawing on the AS/ANZ 4360:2004 as developed in HB436:2004, a risk management plan for patient safety in this writer's hospital will be developed with appropriate arguments for all steps of the plan. Connection of the context with the hospital's internal policies of safety risk solutions, quality control, goals, and objec