Risk can be managed in one of two principal ways

Risk can be managed in one of two principal ways

by analysing each identified risk situation and taking specific measures that are adapted to each one, with the broad participation of the management in risk management, or

• by using more general analysis to establish security goals and guidelines in order to globally reduce risk without managing it through direct and personalised means and likely with less management participation.

The first risk management option requires an advanced risk analysis model that the second option does not. These risk management options have a direct effect on each phase of the related process. These effects are described later on in the document. 

Assignment

Review the case study at the end of Chapter 5 (Nash & Goldfarb, 2006). Prepare an analysis of all the hospital’s initiatives and apply at least three quality and/or risk management concepts, measures, and tools in your paper.

Your paper must be three to five double-spaced pages (excluding the title and reference pages). In addition to the text, utilize a minimum of two scholarly and/or peer-reviewed sources that were published within the last five years. Your paper and all sources must be formatted according to APA style.

the textbook by Fallon, Begun, and Riley (2013) are: Chapter 6: Introduction: Managing for Quality and Performance, Chapter 7: The Policy Context for Management, and Chapter 8: Preparing for Emergencies.

Articles

Hambleton, M. (2005). Applying root cause analysis and failure ode and effect analysis to our compliance programs.  Journal of Health Care Compliance, 7(2), 5-12. Retrieved from the ProQuest database.

Kobs, A.  (1999). “Closet” incidents.  Nursing Management, 30(3), 48-9.  Retrieved from the ProQuest database.

Mages, M. E. (2006). Quality-Driven healthcare. Healthcare Executive, 21(4), 60-62. Retrieved from the ProQuest database.

Reid, R. D. (2005). FMEA-Something old, something new. Quality Progress, 38(5), 90-93. Retrieved from the ProQuest database.

Websites
 American Society for Healthcare Risk Management (ASHRM). (http://www.ashrm.org)

Agency for Healthcare Research and Quality (AHRQ). (http://www.ahrq.gov)

National Quality Forum (NQF). (http://www.qualityforum.org)

U.S. Department of Health & Human Services (HHS). (http://www.hhs.gov/ocr/hipaa)

Solution Preview for Risk can be managed in one of two principal ways

Risk can be managed in one of two principal ways

APA

1005 Words