Explain concepts of risk management in health care industry


Homework

Part I

Write a 700 to 1,050 words paper in which you:

A. Contrast formal and informal methods for reporting adverse events in a health care organization.
B. Explain the role of risk adjustment in managing health care organizations.

1) Intro/Summary- Brief description/insight of the homework
2) Discuss formal methods in healthcare
3) Discuss informal methods in healthcare
4) Contrast formal/informal methods in healthcare
5) Explain the role of risk adjustment in managing health care organizations

Part II

Imagine you work as a risk management supervisor at a local health care facility. You have been asked by leadership to prepare a presentation for the stakeholders on the importance of risk management.

Use the concepts you have learned in this course to create a 10- to 12-slide Microsoft® PowerPoint® presentation (not counting the title or reference slides) with detailed speaker notes of at least 100 words per slide.

Your presentation should:

1) Explain the concepts of risk management in the health care industry.

2) Explain factors that influence risk management in the health care industry.

3) Explain the relationship between risk management and quality management.

4) Analyze the information and information technology methods needed to make risk-management decisions in the health care industry.

5) Analyze key risk management tools in the health care industry.

6) Analyze challenges in making risk management decisions.

Part III

Write a 175 to 265 words response to the following:

1) Describe how formal and informal reporting methods are used for reporting adverse events in a health care organization.

2) Think of a time when you were faced with an adverse event. As a leader, what method of reporting would you use? Why? Provide examples.

Format your homework according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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