Risk Management in Healthcare Industry

Risk Management

Table of Contents
INTRODUCTION ..........................................................................................................................2
MAIN BODY ..................................................................................................................................2
Point One-...................................................................................................................................2
Point Two-...................................................................................................................................4
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Risk refers to the uncertainty that might occur in the future due to the happening of an
undetermined event that might have the chance of having losses. It can be considered either
optimistically or might be a negative threat (American Diabetes Association, 2018). The risk
management is the procedure to identify the risk associated to a particular task or project in
advance and taking preventive measure for minimising impact of such risk. The purpose of risk
management is to identify the risk and mitigate its effect. It is a best tool to fight against any
uncertain tragedy for which the organisation was not ready. It reduces the possibility of having
losses, helps organisation in earning higher returns and ensures success. Risk management in
health care industry includes safeguarding their patients, taking proactive steps for risk
elimination, detecting clinical and administrative errors and reducing its impact.
For obtaining awareness regarding risk management and to study its concepts and
applicability, the chosen organisation is BMI Albyn Hospital. It is private hospital located in
Albyan Palace, Aberdeen, United kingdom and is covered in health care industry. This essay
comprises of detailed discussion relating to the applicability of human errors and risk arising due
to the same (Adam, T.R., Fernando, C.S. and Golubeva, E., 2015). Further it involves the
implementation of the gained knowledge and understanding of Just culture and its approaches.
MAIN BODY
Point One-
Human fallibility are the possibility of making mistakes by an individual or a group in
performing a particular task. Errors can occur to the best also, as no one is perfect in performing
all the tasks. There are number of human fallibility in health care industry such as, the nurse have
taken the wrong medicines from dispensary, resulting to the side effects to the patients, lost a
custody of an unlabelled specie or the surgery group skipped the pre-surgery time out resulting in
adverse effect on victim (Bodnar and et.al., 2019). Further human fallibility can be either due to
the human errors or because of violation.
Human errors refers to the mistakes done by an individual having no intention to do so. It
is the failure that occurred in planning the actions for achievement of desired goals. It can arise
due to the the poor management at work place, inadequate planning or because of the
carelessness of the employees (Chance and Brooks, 2015). These are the deviations in the actual