RISK MANAGEMENT Flashcards
Purpose of Risk Management
striving toward the prevention of medical malpractice and associated legal actions.
Goal of Risk Management
To promote the safe delivery of quality patient care, thereby minimizing preventable injuries and accidents and reducing financial loss.
Similarities Risk management vs Quality improvement
Both minimize liability exposure while maximizing the quality of patient care.
Both overlap on their focus on patient safety
Differences:Risk management vs Quality improvement
Risk management programs are focused on reducing liability exposure
Quality improvement programs goal is to maintain and improve the quality of patient care
Risk management
Cite reasonable concerns over future litigation
Go to efforts to protect information
Conduct and in-depth investigation
ESRD
ASA 4
Risk management programs are focused on
reducing the liability exposure of the organization.
focus for quality improvement programs on the other hand, is to
maintain and improve the quality of patient care.
A “Code 15” Report must be filed with the agency
within
15 calendar days of the occurrence of any of the
following adverse incidents:
The Joint Commission requires that organizations conduct a root-cause analysis to identify contributing factors within
45 days of a sentinel event or becoming aware of the event.
The 3 key factors in the prevention of patient injury are
AVU
vigilance
Up-to-date knowledge, and
Adequate monitoring.
Vigilance Monitor ----- Detection ----- re-assessment OR awareness
Monitor VS
Detection of changes
Pre-assessment
OR awareness
Adequate monitoring
Use appropriate monitors
Uptodate Knowledge
ASA and AANA website yearly for any changes in standards
Expert witnesses will certainly hold any practitioner to the ASA standards.
Identify and analyze loss exposures
Consider alternative risk management solutions
Risk management processes
Look for trends and opportunities for process improvement; Recommend best practices
Risk management processes
Implement and educate new processes
Monitor and improve the risk management program
Risk management processes
Joint Commission requires to conduct a root-cause analysis to identify contributing factors within
For sentinel event
For sentinel event, a
Root cause analysis should be conducted