Risk Management Policy and Procedure Top of Form Bottom of Form PRINT

Risk Management Policy and Procedure

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Write a 3-4 page risk management policy and procedure for a health care organization. Analyze a specific issue that occurred in a health care organization and apply risk management best practices to it for the purpose of early risk identification and risk reduction or elimination in the future.

Health care organizations have always searched for ways to identify and reduce risks. An organization’s ability to identify and analyze its risk exposure is a determining factor in the effectiveness of its risk management program (Hoarle, 2015). Early identification and analysis are essential. 

Current health care risk management practices developed in the mid-1970s as a result of a surge in malpractice suits. These suits caused rapid increases in claims costs for the industry and later in insurance premiums. Today, health care delivery systems and organizations realize the value of risk management and have developed formalized programs (Hoarle, 2015). In addition, organizations have established mechanisms to review potential incidents of risk and safety concerns (Pelletier & Beaudin, 2018). While risk management programs are responsible for daily management and risk operations, all health care stakeholders are responsible to participate in activities that will reduce unnecessary risks and improve safety and quality (Hoarle, 2015). 

This second course assessment consists of two parts. You are to assume the role of a new risk manager within your organization’s risk management department. According to your director, employees lack awareness of the organization’s risk management program. Likewise, departments inconsistently apply risk management principles. As a result of these deficiencies, your director has given you your first assignment. 

Part One: Risk Management Policy and Procedure

Your director has asked you to write a formal risk management policy and procedure for the organization. 

Part Two: Application of Risk Management Principles to a Specific Incident

In addition to the policy and procedure, your director has asked you to apply your knowledge of risk management principles to a specific organizational risk that has occurred. You will select one of the three incidents from the Vila Health: Patient Safety media piece from Assessment 1. These incidents included a patient identification error, a medication error, and a HIPAA/privacy violation. Select the risk that holds the most interest for you.    

Your director believes that the organization’s newly written risk management policy and procedure, coupled with your analysis from a risk management standpoint of a recent, specific incident that occurred, will help employees (and the organization) recognize how the hospital’s risk management program contributes to the overall organization’s safety and quality improvement efforts. 

References

Hoarle, K. (2015). Risk management poised to grow as healthcare evolves. Biomedical Instrumentation & Technology, 49(6), 433–435.

Pelletier, L. R., & Beaudin, C. L. (2018). HQ solutions: Resource for the healthcare quality professional (4th ed.). Philadelphia, PA: Wolters Kluwer.

Demonstration of Proficiency

By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria: 

Competency 1: Analyze the quality and performance improvement activities within the health care organization.

Propose evidence-based risk management strategies and techniques to identify and eliminate or reduce a particular risk. 

Competency 2: Explain the risk management function in the health care organization.

Explain the importance of a risk management program to health care organizations. 

Define key risk management terms.

Describe the major risk categories in a health care organization, along with their corresponding risk identification techniques.  

Competency 4: Apply leadership strategies to quality improvement in a health care organization.

Analyze the risk manager’s role in effective management of the organization’s risk management program.

Competency 5: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others and is consistent with health care professionals.

Write a clear, organized risk management policy and procedure that is generally free of errors and is reflective of professional communication in the health care field.

Provide citations and title and reference pages that conform to APA style and format.

Preparation

To help prepare for successfully completing this assessment:

Conduct independent research on policy templates. You will find multiple policy templates from which to choose as you write your risk policy and procedure. 

Select one of the organizational risks from the Vila Health: Patient Safety simulation from Assessment 1. These included a patient identification error, a medication error, and a HIPAA/privacy violation. For Part Two of your assessment you will conduct an in-depth analysis of the organizational risk you selected. 

Instructions

Part One: Risk Management Policy and Procedure (3–4 pages)

As the new risk manager in your health care organization, your director has assigned you responsibility for drafting the organization’s risk management policy and procedure. This assignment stemmed from your director’s perception that employees lacked knowledge and awareness of risk management’s contribution to furthering the organization’s safety and quality improvement efforts. Likewise, your director also saw evidence that departments within the organization were inconsistently applying risk management principles to their daily work practices.

The guidance you have received from your director about writing this policy and procedure is that it needs to include all of the following headings. It also needs to answer all of the questions underneath each heading:  

Purpose Statement:

How can a risk management program help this organization advance its strategic safety and quality goals?  

Key Risk Management Terms:

What is the definition for each of these risk management terms? 

Risk prevention.

Risk reduction.

Regulatory compliance.

Patient safety.

Adverse event.

Near miss.

Risk Categories and Risk Identification Techniques:

What are the major risk categories in health care? In your answer, be sure to explain each risk category and to provide relevant examples from the literature to illustrate your points.

What risk management strategies will the organization use to identify potential organizational risks? Be sure your narrative identifies and describes such risk identification techniques as concurrent, retrospective, incident reporting, and previous trends. ‹Note: These are only a few of the risk identification techniques to address in your policy and procedure. Be sure to include other examples you are aware of from your professional experience or from reviewing your suggested resources. 

What are examples of risk categories and their appropriate corresponding risk identification techniques? For example, coding errors are a type of financial risk. Retrospective auditing is the risk identification technique used to identify this risk type. 

Risk Manager’s Role in Program Implementation and Compliance:

What is the risk manager’s role in risk management program implementation and compliance? 

How can a risk manager impact effective management of the organization’s risk management program?

What is one example from the literature that shows how the risk manager role can positively impact a health care organization’s management of its risk management program?

Part Two: Application of Risk Management Principles to a Specific Incident (3–4 pages)

To further help employees and the organization at large see risk management’s contribution to helping the organization achieve its safety and quality goals, your director has asked you to analyze and apply risk management principles to a recent incident that occurred in the organization. Your director has asked you to include all of the following headings in your analysis and to address all of the questions underneath each heading.

Risk Description:

Which potential risk to your organization from the Vila Health: Patient Safety simulation are you analyzing? These included patient identification error, medication error, and a HIPAA/privacy violation.

Risk Implications:

What are the risks to patients, employees, and to the organization if this particular risk is not addressed? In other words, what could happen if the organization chooses to do nothing? 

Risk Identification:

What risk management strategies and techniques will the organization employ to identify this type of risk in the future? For example, will the organization identify this type of risk by analyzing incident report data? What other strategies might the organization employ to identify the risk? Be sure to include your rationale for choosing the particular strategy(ies).  

Risk Reduction/Elimination:

What risk management best practices could the organization employ to eliminate or reduce the risk in the future? For example, if you plan to identify the risk by analyzing incident report data, would you conduct a drill down to determine what is causing the risk? What other best practices might you employ? Consult your suggested resources for guidance on best practices for eliminating and reducing  risk.  

What steps would you take to implement your plan to eliminate or reduce your selected risk?   

Additional Requirements

Length: Your risk management policy and procedure assessment will be 6–8 double-spaced pages, not including title and reference pages.

Font: Times New Roman, 12-point.

APA Format: In the health care environment, typically a policy and procedure and analysis document would not be written according to APA style and format. To make this assessment as authentic as possible to what you might actually encounter in the workplace, the body of your assessment does not need to conform to APA guidelines. Do make sure that it is clear, persuasive, organized, and well written without grammatical, punctuation, or spelling errors. At the same time, health care is an evidence-based field. As such, your title and reference pages need to conform to APA format and style guidelines. Likewise, you also must cite your sources according to APA guidelines. Your leaders may question you about the sources of the information you are providing them.

Scoring Guide: Please review this assessment’s scoring guide to ensure you understand how your faculty member will evaluate your work.[supanova_question]

6 Key Takeaways Every Student Should Receive from Econ 101 A more

6 Key Takeaways Every Student Should Receive from Econ 101

A more widespread understanding of Econ 101 would reduce the likelihood of destructive government policies winning public support.

Wednesday, February 13, 2019

In a 2015 podcast conversation with American Enterprise Institute President Arthur Brooks, Vox’s Ezra Klein declared that “there’s nothing more dangerous than somebody who’s just taken their first economics class.” Often expressing a similar contempt for Econ 101 is University of Connecticut law professor James Kwak.

This expressed skepticism of Econ 101 comes across as wise and sophisticated—even hip—to many people who don’t grasp Econ 101. And it gives the mistaken impression that those who warn of the alleged folly of taking Econ 101 too seriously are experts not only in elementary economics but also in advanced economics.

Yet this contemptuous dismissal of the relevance of Econ 101 is foolish. Those who express it either really don’t know any economics whatsoever or mistakenly presume that the theoretical curiosities explored in Econ 999 are more relevant than is the reality revealed by Econ 101. But the truth is that Econ 101 taught well supplies ample, important, and timeless insights into the way the world works.

These insights, sadly, are far too rare among those who are unexposed to elementary economics.

Kernel of Truth

No one denies that a deeper understanding of economic reality is supplied by training in sound, advanced economics. If, for example, we’re interested in understanding and predicting many of the details of how people react to changes in particular government policies—and in tracing out some specific consequences of these likely reactions—knowledge of economics beyond that which is conveyed in an intro-econ course is useful.

Similarly, if we want to better understand many observed commercial practices—practices such as corporate stock buybacks or automobile dealerships’ penchant for clustering near each other—then knowledge beyond principles of economics is often necessary.  No one can doubt the usefulness of more advanced economic training.

But it doesn’t follow from these observations that knowledge merely of economic principles is “dangerous.” The young person who absorbs Econ 101 but who takes no further courses in economics will nevertheless, and for the rest of his or her life, possess a genuine understanding of reality that is distressingly rare among politicians, pundits, preachers, and the general public. Far from being a danger to society, this person—inoculated against the worst and most virulent strands of economic ignorance—will serve as a beneficial check on the spread of ideas that are dodgy and sometimes perilous.

The true danger is not knowledge of “only” Econ 101. The true danger is ignorance even of Econ 101.

The typical protectionist opposes free trade not because he aced an advanced econ course and learned that, under just the right circumstances, optimally imposed tariffs can be justified on economic grounds. No. The typical protectionist opposes free trade because he doesn’t understand the first thing about economics. He doesn’t understand that the purpose of trade is to enrich people as consumers and not to guarantee the incomes of existing producers. The typical protectionist doesn’t understand that exports are costs and that imports are benefits. (He thinks it’s the other way ’round.) Failing to understand that the act of importing not only destroys but also creates particular jobs in the domestic economy, the protectionist mistakenly concludes that the more we import the fewer are the number of jobs in our economy.

The typical protectionist, in short, doesn’t understand the first thing about economics. Yet had he taken a well-taught Econ 101 course, he’d not swallow and repeat these and other myths about trade.

Likewise, the typical politician doesn’t support minimum wages because she has concluded after careful study that employers of low-skilled workers possess a sufficient quantum of monopsony power in the labor market, in addition to monopoly power in the output market, to nullify the prediction of basic supply-and-demand analysis that minimum wages shrink low-skilled workers’ employment options. No.

She supports minimum wages because she naively supposes that wages are set arbitrarily by employers and that higher wages come out of either employers’ profits or consumers’ wallets without prompting any changes in employers’ or consumers’ behavior.

And most of this politician’s constituents share her economic ignorance. They miss the reality revealed by Econ 101—namely, that wages are not set arbitrarily by employers and, therefore, that when the cost of employing workers is raised by minimum wages, employers respond in part by employing fewer workers.

In both of the above examples (and these are only two examples of many), more widespread understanding of Econ 101 would reduce the likelihood of these destructive policies winning public support.

Principles Are Foundational

They’re called economic principles for a good reason: What is taught in a solid economic-principles course are the principles of the operation of a competitive economy guided by market prices. They describe the logic of markets and, accordingly, in most cases offer a trustworthy guide for understanding the economy—and an understanding of the consequences of government interventions into the economy.

It’s true that reality sometimes serves up circumstances that render knowledge only of economic principles inadequate. But if economic principles did not on most occasions give reliable and useful insights into how real-world economies actually operate, they would be anti-principles. They ought not be taught, and students should demand tuition refunds along with compensation for being defrauded by their colleges.

But in fact, again, enormously important insights are conveyed in a good Econ 101 course. Here’s just a partial list of what an attentive Econ 101 student learns:

Our world is one of unavoidable scarcity, and so to use more resources to produce guns is to have fewer resources available to produce butter. There’s no such thing as a free lunch, a free gun, or a free anything else.

Wealth is goods and services; wealth is not money. And so to create more money without creating more goods and services is to create not more wealth but only more inflation—along with the distortions and uncertainties that inflation unleashes.

When the cost that a person incurs to take some action rises, the attractiveness to that person of taking that action falls. This fact is why higher taxes on carbon emissions reduce carbon emissions and why higher taxes on income-earning activities reduce income-earning activities.

Profits are entrepreneurs’ reward for successfully satisfying consumers’ wants; profits are neither stolen from consumers nor extracted from workers. Therefore, the greater the good performed in the market by entrepreneurs, the higher the entrepreneurs’ profits.

Prices and wages aren’t arbitrary. They’re set in markets by consumers competing against each other to purchase goods and services and by sellers competing against each other to sell goods and services. Sellers in competitive markets no more control prices than do buyers.

Because of the principle of comparative advantage, it’s literally impossible for one country to monopolize the production of all goods and services.

I submit that these and other lessons taught in Econ 101 are vitally significant and need not await being polished and conditioned by the lessons of higher-level economics courses before becoming immensely useful. Far from being dangerous, these and other Econ 101 lessons are beautiful and essential.

This article was reprinted from the American Institute for Economic Research.

Donald J. Boudreaux

Donald J. Boudreaux is a senior fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University, a Mercatus Center Board Member, and a professor of economics and former economics-department chair at George Mason University.[supanova_question]

THE ORGANIZATION’S PURPOSE: MISSION, VISION, VALUES, AND GOALS

5 criteria that comprise good (quality) Mission statements; and5 criteria that comprise good (quality) Vision statements.Visit the corporate website of the Coca-Cola Company, and read the organization’s Mission and Vision statements: http://www.coca-colacompany.com/our-company/mission-vision-valuesUsing the specific criteria that you listed in Item #1 above, critique the Mission and Vision statements of the Coca-Cola Company as follows:Mission Statement: Is the organization’s Mission statement a “good” Mission statement? Why or why not? Justify your answer using your 5 chosen criteria. Be specific!Vision Statement: Is the organization’s Vision statement a “good” Vision statement? Why or why not? Justify your answer using your 5 chosen criteria. Be specific!Finally, find the company’s Values statement: Conclude your paper with an analysis of the company’s Values statement: What do Coca-Cola’s values say about the organization’s sense of ethics?B. Assignment should be a minimum of 5 pages in length. You are required to use APA formatting and you are required to cite and reference your sources. There should be a minimum of three (3) reputable sources cited and referenced in your paper (at least two of your sources must be different from the sources provided.[supanova_question]

Address a Patient Safety Issue Top of Form Bottom of Form PRINT

Writing Assignment Help Address a Patient Safety Issue

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Write a 5-7 page recommendation to senior leadership about steps the organization needs to take to resolve a patient safety issue that occurred. Include an explanation of why it is important to address the issue and the role the patient safety officer will play in helping to resolve the issue.

Alarming numbers of unnecessary patient deaths occur in U.S. hospitals and around the world. “Quality and patient safety in health care have been on the forefront of the public’s mind since the publication of the Institute of Medicine’s (IOM) seminal report, ‘To Err Is Human,’ in 1999” (Johnson, Haskell, & Barach, 2016, pg. xv). The literature supports revising systems and processes in an effort to narrow the difficult safety and quality gaps. Worldwide, issues of patient safety and patient-centered quality care drive health care reform. Current approaches are not adequate; patients remain at risk for needless harm.

Demonstrating a firm understanding of the various components of patient safety is fundamental to understanding health care quality, risk management, and patient safety overall. 

For this first assessment, you will assume the role of a patient safety officer at your local hospital. You will analyze a patient safety issue that occurred and then prepare a five- to seven-page recommendation for senior leaders about why it is important to address the issue, along with your recommendations about how to address it. You will also need to detail the role you as the patient safety officer will play in helping the organization resolve the issue. 

Reference

Johnson, J. K., Haskell, H. W., & Barach, P. R. (2016). Case studies in patient safety. Burlington, MA: Jones & Bartlett Learning.

Demonstration of Proficiency

By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria: 

Competency 1: Analyze the quality and performance improvement activities within the health care organization.

Recommend evidence-based best practice tools and techniques to reduce or eliminate patient safety threats.

Competency 3: Analyze the importance of patient safety in health care.

Apply the health care safety imperative to a patient safety issue.

Evaluate the risk to patients, employees, and the organization if patient safety threats are not addressed.

Analyze regulatory agencies’ role and impact on organizations’ patient safety programs.

Competency 4: Apply leadership strategies to quality improvement in a health care organization.

Analyze the patient safety officer’s role in implementing patient safety plans.

Competency 5: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others and is consistent with health care professionals.

Write a clear, persuasive, organized recommendation plan that is generally free of errors and is reflective of professional communication in the health care field.

Provide citations and title and reference pages that conform to APA style and format.

Preparation

To help prepare for successfully completing this assessment:

Select one of the three scenarios from the Vila Health: Patient Safety simulation activity that interests you the most for further analysis in your assessment:

Scenario 1: Patient Identification Error.

Scenario 2: Medication Error.

Scenario 3: HIPAA/Privacy Violation.

Instructions

For the scenario you selected, write a five- to seven-page recommendation for leadership that describes the safety threat, the importance of addressing the threat, and your recommendations for resolving it. Be sure to include all of these headings in your paper and to address all of the bullets underneath each heading:

Potential threat to patient safety:

Identify the issue you selected from the simulation activity as the potential safety threat.

Describe the issue that occurred with sufficient detail so that leadership has a clear understanding of what happened.

Implications of not addressing threat:

Evaluate the risk to the organization if this issue is not addressed. In your evaluation, be sure to address all of the following:

What does the health care safety imperative say about the issue?

How does the health care safety imperative apply in this case?

Which regulatory agency(ies) have oversight about the issue?

What specifically do the regulation(s) state about the issue? For example, you might consider the Joint Commission’s national patient safety goals. 

What impact do regulatory agencies have on organizations’ patient safety programs? 

How do health care organizations incorporate regulatory agencies’ guidance when establishing reporting and investigation best practices?

If the hospital fails to correct the threat, what are the potential consequences to patients, employees, and to the organization?

Patient safety officer’s role in effective implementation of patient safety plans:

Explain the role patient safety officers assume in implementing patient safety plans in health care organizations.  

Clarify your responsibility and role as the patient safety officer in this specific instance.

Provide one example from the literature to illustrate your points. 

Recommendations to reduce patient safety threat:

Describe your five-point plan to reduce or eliminate this patient safety threat.

What best practice tools or techniques does your plan include to reduce or eliminate these types of errors? Consider processes for responding, rounding, detecting, incident reporting, operational considerations, et cetera.   

In a health care professional setting, recommendations to leadership would typically not be in APA format. As a result, your paper does not need to conform to APA format and style guidelines. It does, however, need to be clear, persuasive, organized, and well written without spelling, grammar, and/or punctuation errors. In addition, recommendations you write in a professional setting would be single-spaced. For the purpose of this assessment, however, please use double-spacing.  

Also, health care is an evidence-based field. Your senior leaders will want to know the sources of your information, so be sure to include at least two peer-reviewed sources. You may use the suggested resources for this assessment. Your citations and references do need to conform to APA guidelines.

Additional Requirements

Length: Your recommendation will be 5–7 double-spaced pages, not including title and reference pages.

Font: Times New Roman, 12-point.

APA Format: Your title and reference pages need to conform to APA format and style guidelines. The body of your paper does not need to conform to APA guidelines. Do make sure that it is clear, persuasive, organized, and well written, without grammatical, punctuation, or spelling errors. You also must cite your sources according to APA guidelines.

Scoring Guide: Please review this assessment’s scoring guide to ensure you understand how your faculty member will evaluate your work. https://onlyassignmenthelp.com/index.php/2021/11/30/capital-punishmentfollow-the-instructions-below-to-view-the-complete-essay-speech-term-paper-or-research-paper-5/ [supanova_question]

Here are some student examples that you may find useful: “I’m From

Here are some student examples that you may find useful:

“I’m From the Woods….”      ?by Nick

 I’m from the woods and the creek behind my fence? 

From the gray wooden backyard deck.? 

I’m from the honeysuckles,?The pear trees by the neighbor’s garden? 

From the creek when I swing over it.

I’m from the yellow walls of Grandma’s kitchen?From the Yorkshire pup, the coolest thing in my family.?I’m from macaroni pictures of the Ark?From “I just can’t snap my fingers and make it happen” and from David the Gnome in summers long ago.

I’m from my mom’s side of the family,?From roasting turkeys for each holiday,?From when Papaw yelled at his boss and got fired?From the family pictures in the big wooden cabinet and?From the family gathering when we drag them out.

I am from those moments.?A root that no one sees, but walks all over?An important part of the tree.”

      

 

Where I’m From….               ?by Lauren

I ‘m from baths in the kitchen sink,?From Downy and Mom’s perfume?I am from flowers by the fence  (yellow and springy?they tasted like crayons)

I am from the ivy crawling up the house,?The baby tree whose sturdy trunk shot from the ground?A mirror image of my planted feet.

I’m from sprinkles and plastic table donut shops?From Bert and Ernie?I’m from stupid heads and dot dot I got my cootie shot?From don’t touch this and don’t touch that.?I’m from Hymn No. 96 and why is this piece of bread so small??And bible crafts made from neon pipe cleaners.

I’m from Bill and Darlene’s branch?From hot soup and freshly baked corn bread?From the Well, when I was little’s and the snowy games ?Told to me by Green Bay Packer season ticket holders?In the storage room are boxes?Overflowing with shiny, color-coated memories?Bundles of dreams kept alive?To ask my mother about.

 I am from those moments?A leaf changing color with the weather?Time only strengthens the branch that holds me.[supanova_question]

In the last couple of weeks, we learned about the purpose of

In the last couple of weeks, we learned about the purpose of education according to Martin Luther King Jr. and the reasons Malcolm X had for continuing to learn even during a difficult time in his life. Now, it will be our turn to reflect on the purpose of education for us.

For this assignment:

Write a paragraph about the purpose of education/learning according to you.

This should be 300 words in length, double spaced, typed in a 12pt font (Times New Roman), and formatted in MLA style. It should be ONE single paragraph.

Paragraph Structure:

Please follow the PIE paragraph structure you learned about this week. In your paragraph, please include:

Topic sentence: Identifies what you are trying to explain, show, prove, or argue in your paragraph. In this case, it should make a claim about the purpose of education/learning (NOT according to Martin Luther King Jr. nor Malcolm X, but according to YOU).

Sample topic sentence (point): The purpose of education is to allow us to reach our career goals. OR The purpose of learning is to become better members of our communities and strive for social change.

Information: Develop an example that shows why your reason for getting an education/learning is important to you. The informative section of your paragraph should include specific details of your experience and goals, including who was involved, what happens, where it happens, and when it happens.

Sample Information: For example, my career goal is to be a teacher, and in order to become one, I need to graduate with a bachelor’s degree and teacher’s credentials. To reach this goal, immediately after graduating high school, I enrolled at Cuyamaca College and began talking my general education classes. During my first semester, I signed up for English 120, Math 160 and Psychology 100. All of these classes will help me when I transfer to San Diego State University in a year and a half. From there, I will take specific classes in my field, and I will have to do student teaching before I finish with my degree.

Explanation: The explanation portion of the paragraphs will explain how your Information connects to the Point/how your example/personal experience shows the purpose of education in your life.

Sample Explanation: This shows that going to college and learning is what will help me accomplish my goals of becoming a great teacher. If I did not focus on my education, I would not be able to get this job that I want. Therefore, education has a hugely important purpose in my life as it does in the lives of many others, who go to school every day to learn and to pursue their goals and better their lives.[supanova_question]