What are the components of a good erm process

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Reference no: EM132372039

Assignment: Make the case for using an Enterprise Risk Management (ERM) process approach to managing risk in a health care organization and why adopting a culture-focused ERM process is essential to risk management in health care organizations.

Consider all of the following in your argument:

• What is ERM?

• How does ERM reduce risk?

• What are the components of a good ERM process?

• Who is responsible for the ERM process?

• Why do health care organizations benefit from an ERM process?

The use of 3 scholarly sources (e.g., textbook, article from the CEC Library) is required.

Select 1 of the common causes of adverse events in the U.S. health care system from this week's reading from the Institute of Medicine Report, To Err is Human.

Complete the following:

1. Discuss how an adverse event impacts a health care organization.

2. Describe at least 2 risk management approaches to prevent adverse events in a health care setting.

3. Include all of the following when considering approaches to preventing adverse events:

• What reporting systems should be in place?

• Was the root cause identified?

• Was there any feedback provided?

• What feedback loops were used to prevent future adverse events?

Reference no: EM132372039

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