Enterprise Wide Risk Management: Understanding and Managing Risk Within Your Healthcare Organization
When Risk Management goes enterprise-wide, leaders align guiding principles with their analysis of risks and opportunities to obtain the best strategic response for their healthcare organizations, going beyond traditional claims concerns. Knowing high risk areas, risk basics, ongoing risk assessments, as well as, barriers and variation, provides the information you need to enhance your program and assure organization wide effectiveness.
Through the identification, evaluation, assessment and response stages, an organization can perform a decision analysis to ensure their response meets strategic goals, improves patient safety and is cost effective. The Risk Management Program is one stage in the overall design of the organization. The ability of an organization to quickly identify, analyze and develop risk mitigation strategies drives performance improvement, decreases ‘risk’ exposure to liabilities and/or legal claims – ultimately improving patient outcomes.
Learn & Apply:
- Understand and learn components of managing risk
- Identify and understand the main concepts to an Enterprise Wide Risk Management (ERM) program
- Discuss methods for identifying barriers and overcoming process variation that can increase risk
- Learn the value in assessing risk, mitigating risk and developing a lean appetite for risk
Meet the course instructor for Nexus Enterprise Wide Risk Management
James Ballard, MBA, CPHQ, CPPS, HACP, is a Healthcare Consultant with over 30 years of experience responsible for assessing healthcare organizations’ readiness for licensing, accreditation and regulatory compliance. James provides support to organizations in the areas of Life Safety Code® compliance, Environment of Care, Emergency Management, Quality, Performance Improvement, Patient Safety and Clinical Care requirements. He has expertise in The Joint Commission (TJC) accreditation, Centers for Medicare and Medicaid Services (CMS) requirements as a former Federal Surveyor. He has served as faculty and speaker for Risk Assessment, Medication Management, Patient Safety, and other regulatory compliance issues. In addition, he assists organizations with post-survey activities, education and follow-up, patient safety strategies, and quality improvement initiatives.
Mr. Ballard has worked in a variety of healthcare positions and his experiences range from Surgical Technologist, EMT, Combat Medicine to a Federally Certified Healthcare Surveyor (Hospital, Critical Access, Transplant, Ambulatory Survey Centers and Long-Term Care), to Director positions over Compliance, Quality, Infection Prevention, Safety, Risk Management, Employee Health, and Emergency Preparedness. Mr. Ballard was the main creator of the CMS Focused Quality Assessment and Performance Improvement (FQAPI) Survey process and tool for Transplant programs in Hospitals.
Understand what Risk Management is, why it’s important, and learn how to identify, assess risk and implement an Enterprise Wide Risk Management plan to ensure a safe environment for all. Interested in our Nursing Contact Hours opportunity?