This Enterprise Risk Management ASHRM Pearls goes beyond the foundations of gaining management support for an ERM program, identifying specific risk domains and conducting an initial risk assessment.
ASHRM's new Enterprise Risk Management Pearls for Integrating ERM into the Healthcare Culture summarizes how to incorporate ERM concepts and principles in decision-making processes at all levels so that ERM becomes an integral part of the organizational operating culture.
Creating such a culture can be challenging, especially in healthcare organizations where the Return On Investment (ROI) has often been the sole measure for decision making and capital budgeting. ERM calls for an organization to look beyond just the potential financial benefits of alternative strategies and projects.
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The barrage of technological, organizational, and legal changes will continue to be commonplace in the healthcare industry. As a result, new and additional forms of risk will arise. Today’s healthcare risk manager must be able to identify and address these issues. The Enterprise Risk Management (ERM) approach efficiently and effectively addresses organizational-wide risk, especially in unpredictable and ever-changing environments, and ultimately helps improve patient safety. ASHRM’s Risk Management Pearls for Enterprise Risk Management: The Foundation is designed to help you understand ERM, how it can benefit your organization and help improve patient safety. ERM: The Foundation begins with an overview of ERM, and progresses to implementation of an ERM program and its benefits. Click here to learn more.
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Enterprise risk management (ERM) requires a system-wide, integrated approach to addressing risk in your organization. The foundation for your organization’s approach is the enterprise risk management plan. ASHRM’s Risk Management Pearls: Applying ERM explains how to obtain buy-in from the governing body and all stakeholders; how to link the plan with other organizational initiatives; how to roll out the plan; and how to monitor and communicate your organization’s ERM effectiveness.
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To purchase ASHRM’s NEW Risk Management Pearls: Applying ERM in cost-saving 5-packs, click here.
Medication safety challenges are a priority for consumers, providers, regulatory/accreditation agencies, and healthcare leaders. Although medications are intended to benefit patients, the medication-use system is a potentially high-risk and error-prone component of the healthcare delivery system in both inpatient and outpatient delivery systems. Opportunities for harm may occur at any stage of the medication-use process, from selecting, procuring and prescribing, to storing, preparing, dispensing, administering, and monitoring. ASHRM’s new Risk Management Pearls for Medication Safety: Part I and Part II summarize medication error prevention strategies and practices that are effective in reducing and eliminating patient harm.
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To purchase ASHRM’s NEW Risk Management Pearls for Medication Safety: Part I in cost-saving 5-packs, click here.
Click here to learn more and to purchase ASHRM’s NEW Risk Management Pearls for Medication Safety: Part II today!
To purchase ASHRM’s NEW Risk Management Pearls for Medication Safety: Part II in cost-saving 5-packs, click here.
The cost of medical malpractice is growing at the slowest rate in the fourteen year history of the ASHRM/Aon Hospital and Physician Professional Liability Benchmark Report. The 2013 analysis—distributed by ASHRM and Aon Global Risk Consulting—details the professional liability costs faced by healthcare organizations.
The 2013 report includes information about:
The analysis will assist you in developing proactive strategies to reduce risk-related costs, and ultimately improve patient outcomes.
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