Reference no: EM133198257

1. In your response, compare your assigned key area to the topic covered by a peer who analyzed a different key area from you.
2. Determine where the two key areas intersect from the perspective of health care economics. Each response must be at least 100 words and substantively contribute to the discussion.

My assigned key area in The role of the provider: and my classmate is Risk assessments in health care facilities. 

Risk assessments are vital in the health care industry because when medical errors or data breaches occur it can cost that facility thousands and possibly even millions of dollars in revenue. But not only that but it will negatively affect patient care. Patients want to know when they go to health care facility/organization for treatment that they are getting the best care and that their private information is secure. Most facilities have switched to the use of electronic health records, which makes for a more efficient and organized way to store patient information, but unfortunately it puts the facility at more risk of a data breach. "Specialists suggest implementing an effective internal control and audit structure in health care organizations for the establishment of a risk-based administration system" (Ilhan, et al., 2021). Though health care facilities do have a risk management department to ensure these types of incidents don't happen, it is important that all health care employees continually monitor everything for potential errors, and also make sure patient information stays private. It is our job as health professionals to not only treat, but protect our patients.

One US law that has impacted risk assessment is the Health Insurance Portability and Accountability Act (HIPAA). HIPAA is an important part of the health care system. HIPAA was a law passed to protect patients personal information from being disclosed without the patients written