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In the 1970's, the fact that receiving healthcare services can actually cause harm was brought to the forefront with the Institute of Medicine report "To Err is Human: Building a Safer Health Care System":
In 2 studies, adverse events occurred in 2.9% and 3.7% of hospitalizations
More than half of these adverse events were the result of preventable medical errors
Extrapolation: > 1 million medical errors may occur each year resulting in 140,000 deaths
Questions:
-How do we monitor adverse events and ensure patient safety?
-What is Risk?
-What do we mean by assets?
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