Contents
Introduction 2
Goal of Risk Management in relation to Clinical and Non-Clinical Impact within Healthcare Organization 2
Differentiation between risk avoidance, reduction, transfer, retention and control, in relation to a risk treatment framework 3
Appropriate Strategies 4
Alternate Financial Strategies 6
Risk Register 8
Conclusion 10
References 11
Description
Risk in inherent to almost any activity of life including healthcare activities. Though risk is inherent in any activity, risk factors can be minimized or even completely mitigated by implementing adequate measures in a clinical care setting. The report discusses the goal of risk management in relation to clinical and non-clinical impact on healthcare organization in general. The report briefly compares the options in risk treatment framework. The report also recommends appropriate strategies for budget reduction for HDS, which will enable the organization to sustain. In the end the report provides risk register, which highlights clinical and non-clinical risks, the risk scores, responses and mitigation.