The three main areas of risk management in healthcare are clinical risk management, operational risk management, and strategic risk management.
- Clinical Risk Management: This area of risk management focuses on risks associated with patient care, such as medical errors, adverse events, and patient safety. Clinical risk management involves identifying and analyzing risks, implementing policies and procedures to mitigate risks, and monitoring and reviewing risks on an ongoing basis.
- Operational Risk Management: Operational risk management focuses on risks associated with healthcare operations, such as financial risks, technology risks, and supply chain risks. This area of risk management involves identifying and assessing risks, implementing controls and processes to mitigate risks, and monitoring and reviewing risks to ensure ongoing effectiveness.
- Strategic Risk Management: Strategic risk management focuses on risks associated with achieving organizational goals and objectives. This area of risk management involves identifying and assessing risks related to strategy, such as market risks, regulatory risks, and reputation risks, and implementing strategies to mitigate risks and optimize performance.