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Essentials of Hospital Risk Management
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Today's professional hospital risk manager faces new and exciting challenges. Though
the risk manager's job traditionally centered around preserving the financial integrity of
the institution and making its environment safe, the job's focus has now broadened to
include the prevention of patient injury and the promotion of quality service. The
competitive environment of today's health care industry, coupled with rising malpractice
verdicts, defense costs, and insurance premiums, has forced hospital administrators and
physicians to respond by placing increased emphasis on development systems to
monitor, promote, and guarantee quality of service.

Licensing agencies and professional organizations now describe minimum standards for
risk management programs. These standards include active medical staff involvement
and support, support of the administrative or governing body, appropriate operational
linkages between the departments of quality assurance and risk management, and an
increased focus on the evaluation of high-risk activity occurring within the health care
setting.

Though the directives are clear, their implementation can be difficult. The purpose of
this Workshop is to provide guidelines and tools that will assist the risk manager or
health care executive to analyze his or her current programs and develop new programs
that will be more sensitive to quality of care issues. It is the belief of HCBA that once
the focus shifts from finances to quality, with the prevention of patient harm or injury
being the focus, hospital staff and physicians will engage more in the risk management
process.

Areas covered include.

Analyzing the needs of the institution and establishing a risk management department

An overview of the insurance marketplace

Management of actual and potential claims