What are the benefits of risk management

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Reference no: EM133473782

Assignment:

You have described it well. But you must keep in mind that both quality and risk management focus on optimizing patient outcomes and emphasize the prevention of patient care. But, of course there are differences.

Quality managements looks at four important components: Quality Control; Quality Assurance; Quality improvement, and Quality Planning, whereas Risk management: Identifies; Evaluates; Monitors; Controls; and minimizes the probabilities or error occurrences. After a risk is identifies, the organization will make informed decisions on how to continue. Their actions should be part of the strategic plan and always look for improvement. In your opinion, what are the benefits of risk management?

Reference no: EM133473782

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