Monday, January 21, 2013

Effective Healthcare Risk Management through Continuity ...

Planning for continuity or stability is essential in risk management throughout the healthcare industry. There are many risks in the industry that even the most effective risk management team may miss. Incomplete patient records, incorrect financial claims, patient records being inappropriately shared and other risks are always evident in healthcare and finding a way to minimize these risks is important.

When issues are not properly caught by risk management then risks of malpractice could surface. Any healthcare business that does not have a plan in place for effective risk management is simply taking on too many risks. Continuity involves looking into future business and assessing where risks may be evident. Without the ability to successfully minimize and manage risks, healthcare businesses are bound to fail at some point. Continuity ensures that the business is kept running effectively in spite of the risks that are evident. Keeping the business going while handling various disruptions is essential and those businesses in the healthcare industry have to plan for continuity as well as disaster avoidance.

One task of continuity is to effectively identify what may happen if and when a disaster strikes. In the healthcare industry, it is necessary to have access to certain records such as medical billing and patient information. Some businesses have chosen to outsource many tasks related to these records simply to avoid issues like those that were evident during Hurricane Katrina. Outsourcing can help to lower the risks associated with natural disasters like loss of patient data.

Things like answering services that are staffed by nurses will enable doctors to better keep track of patient records. With qualified answering services, calls can be screened so that those in the greatest need of a doctor?s assistance can be passed through quickly. It is essential that healthcare businesses find ways of managing and identifying risks in order to operate effectively.

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Source: http://www.businessandhealth.com/effective-healthcare-risk-management-through-continuity.html

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