Attachment

Write a 175- to 265-word response to the following:

How are risk management and quality management used in health care?

What is the difference between them?

What are the similarities?

Why is it important for you to understand the differences and similarities?

How will this help you as you prepare to work in the health care industry?

Explain your answer.

DISCUSSION RESPONSES

R1

While risk management focus on preventive harms to employees, patients, and protecting the facility other internal and financial assets such as reducing risks to lawsuits, worker’s compensation, unemployment, and other disasters like fire or flood, quality management focus on protecting the external assets which are their patients by lessening harmful risks to the minimum. Similarly, they both share the goals of minimizing risks to the healthcare facility by overlooking the facility procedures and system processes to address those potential risks and harms. It is important to understand these similarities and differences between the two because as they are working hand in hand to provide a better system for safer environment, their specific goals and focuses are slightly prioritized. Again, risk management focus more on general risks and internal goals for the healthcare facility with business risk models like Swiss Cheese Theory as system guidelines and reference for procedures and training development. Quality management focus more on quality delivery outcome and patient’s satisfaction by following a separate standard guideline that is used by other healthcare facilities and accredited organizations such “health care must be safe, effective, patient-centered, timely, efficient, and equitable” (Seelbach, C. (2021)). Understanding risk and quality management will prepare leadership to contribute better approach to each of their goals and accomplishments.

R2

Risk and quality management are both used in healthcare to help in a variety of different areas.

Risk management focuses more on the legal and liabilities side of things. Risk management is the several different sets of standards and processes set in place to prevent risks and liability from occurring. While quality management focuses on the quality aspect of things. Quality management is designed to improve patient care and focuses on the outcomes that can and will occur.

Both risk and quality management have a similarity of holding the safety and quality of healthcare at high standards. Without these forms of managements the health care industry wouldn’t be as structured or hold such quality of care.

Risks of any sort in healthcare are bound to happen- they are in inevitable however there are procedures that can be followed to the best of every health clinics ability to try to prevent risks from occurring. It is important that we as future health care managers or whatever we may be dipping our feet into, that we understand the importance of quality management and risk management as they both play to incredibly important roles in the success of a health health care clinic.

P2

Write a 1,050- to 1,400-word paper about enterprise risk management (ERM) in which you:

Explain the difference between traditional and enterprise risk management.

Explain why enterprise risk management is a more effective approach for today’s organizations.

Explain key drivers of value-driven enterprise risk management.

Explain how these key drivers are applied within health care to drive enterprise risk management. Provide examples.

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