Reference no: EM132844325

A doctors' practice, with six doctors and two practice nurses, has decided to increase its income by providing day surgery facilities. The existing building would be extended to provide room for the surgical unit and storage facilities for equipment and drugs. The aim is to offer patients the opportunity to have minor surgical procedures conducted by a doctor at their local practice, thus avoiding any unfamiliarity and possible delays to treatment that might result from referral to a hospital. Blood and samples taken during the surgery will be sent away to the local hospital for testing, but the patient will get the results from their doctor at the practice. It is anticipated that the introduction of the day surgery facility will increase practice income by approximately 20 per cent.

Required

Problem A. Describe THREE (3) additional risks that the doctors' practice may expect to face because of the introduction of the new facility.

Problem B. Recommend and explain how a risk control technique might be used to control each risk Identified in a (A.) above.

Problem C. Explain the meaning of the term 'risk appetite' and discuss who should take responsibility for defining that appetite in the context of the scenario outlined above.