Risk Management Plan for Imam Abdurrahman AI Faisal Hospital

This article discusses the risk management plan for Imam Abdurrahman AI Faisal Hospital, including potential risks, identification and analysis of risks, and development of interventions for managing potential risks.

Running head: RISK MANAGEMENT
RISK MANAGEMENT
Name of the student
Name of the University
Authors note:

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Table of Contents
Purpose................................................................................................................................2
Guiding principles...........................................................................................................2
Governing body leadership..............................................................................................2
Definition.........................................................................................................................3
Potential managerial and clinical risk..........................................................................3
Identification and analyzation of potential risk...........................................................4
Development of intervention for managing potential risk...........................................5
Risk management plan.................................................................................................7
Program goals and objective........................................................................................8
Scope and function of the program..................................................................................9
Risk management program function................................................................................9
Administrative and committee structure and mechanism for coordination.....................9
Monitoring and continuous improvement.....................................................................10
References..........................................................................................................................11

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Purpose
Risk management plan is designed in such a way it can easily support mission and vision
of Imam Abdurrahman AI Faisal Hospital as it generally focusses on clinical risk which is to
tackle clinical risk and safety of patient. It generally comes up with visitor, third party and
employee safety and potential business and risk of property.
Guiding principles
Risk management plan is nothing a but a conceptual framework which guides for plan
which can be used for risk management and safety of patients. The patient safety and risk
management is nothing but key responsibility for risk management in everyone’s life. Risk
management can be defined as the integral part of any healthcare firm which is generally based
on various kinds of business practices. It mainly focusses on identification and evaluation of risk.
Apart from evaluation of risk it makes use of some kinds of dangerous methods or ways for
reducing or eliminating it (McNeil, Frey and Embrechts, 2015). Imam Abdulrahman AI Faisal
Hospital is one of the oldest Ministry of National Guard Health Affairs in Dammam. On 14th
October 2002 this hospital was opened officially in Saudi Arab (Glendon, Clarke and McKenna,
2016). It is considered to be one of the leading hospitals in the whole eastern region because of
its international accreditation from JCIA for the effort given by this hospital.
Governing body leadership
The success of Imam Abdurrahman AI Faisal Hospital patient safety and risk
management generally requires top-level commitment and support. The governing body
generally focus on formal program and adoption of plan is generally done by resolution of
various documents in board meeting. Patient safety and risk management program is generally

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designed in such a way that it can reduce errors related to system and unsafe condition by proper
implementation of continuous improvement strategies for improvement strategies for
organization culture and safety.
Definition
Potential managerial and clinical risk
Clinical risk management (CRM) mainly focus on improving the quality and safe
delivery of healthcare. It can be achieved by introducing of system which can identify and
prevent situation related to risk of harm (Glendon, Clarke and McKenna, 2016). Generally,
health services are generally needed to be implemented which are based on clinical management
system. It is needed mainly needed for enhancing the risk associated with clinical risk
management (Pocock et al. 2015).
Clinical risk management focus on management of risk in various hospitals:
 It generally aims in increasing the safety of various patients and persons who are
generally involved in health
 It generally serves together with quality management for proper development of
organization.
 It is generally considered to be an important part for addressing decision making
process which is needed for providing proper care for large number of patients.
 It is considered to be an important tool which is used for addressing various kinds
of clinical risk which is associated with prevention, diagnosis and nursing care
(Catherine et al... 2013).
 It is generally dependent on information which is available for best from figures,
data, facts and scientific findings.

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 It generally creates target group which is based on transparency.
 It mainly focusses on development of in various kinds of domains like medicine
and nursing caring.
Identification and analyzation of potential risk
There are large number of risk which are generally encountered in Imam Abdulrahman
AI Faisal Hospital that are
 Identification of situation in a hospital which can create a condition which is
related to financial loss.
 Evaluation of reports from the data of six months and comparing of data in other
hospitals so that possible situation can be identified which can take place in near
future (Singh and Ghatala, 2012).
 Elimination or removal of dangerous kinds of procedures which is generally done
on the premises which can easily result in liabilities of various kinds of products.
 Reduction of risk can focus on the fact that hospital can easily feel comfortable
when it is founded or operated as a result of mechanism (Hopkin, 2017).
 Transfer of liability so that proper harmless agreement can be made with drug and
manufactures of various kinds of equipment’s.
 Coverage of issuance by providing best available information among commercial
domain by properly meeting the needs of the hospital in a most reliable and cost-
effective way.
The hospital should have various components so that proper methods can be used for risk
management programs:

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 Proper grievance mechanism for complain registration.
 Proper evaluation of medical care.
 Proper risk management for hospital staff who are involved in activities related to
caring of patients.
Development of intervention for managing potential risk
Rapid changes are being seen in the various kinds of healthcare industry which mainly
focus on strengthening of both evaluation and monitoring of risk management program
(Sadgrove, 2016). This can be easily achieved by focus on certain areas like:
 Proper education of staff and key persons who are associated with the hospital.
 Evaluation and monitoring of integrated programs.
 Establishment of communication with peer which are at local, religion and state
and national organization which can be used for improving various programs in
the hospital (Huntley et al..2013).
 Proper discovering of situation which is present in the hospital for any kinds of
accidents.
 Identification of areas which have high risk in hospital.
 Building up of reports which can be used to meet the contemporary needs in
hospital.
 Filing of incident report so that contemporary needs can be satisfied or meet.
 Monitoring and improving the quality of care by providing information to
physicians which mainly results due increasing number of claims from the side of
hospital which is being encountered (Huntley et al..2013).
 Providing support to all the segment of the community present in the hospital.

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 Making use of statistical data from both internal and external source.
 Patient related programs which can be which can be easily characterized by
integrity and various level of patients.
 Reducing the number of risk so that hospitals can easily assume risk by making
use of less expensive self-insurance.
 Elimination of dangerous procedure and prescribed medicines even safer
substitutes can be easily found.

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Risk management plan
Risk
identifier
Risk
identification
Risk owner Likehood Consequences Risk
Status
Risk response
R1 Patient care Organization
(Project
manager)
Possible Severe on
organization
Open Taking of
proper steps
so that care of
patient can be
taken in a
more
effective way.
R2 Liability
risks
Organization
(project
owner )
Likely Organization Open Proper steps
should be
taken by risk
manager so
that liability
risk in
hospital can
be
overcomed.
R3 Financial
risk
Organization Possible Organization Open Financial risk
can be dealt
by having

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proper
understanding
of cost,
renegotiate
rates with
various kinds
of insurers,
increasing
efficiencies
and
productivities
and lastly
reduction of
bad debt.
Program goals and objective
The patient safety and risk management program goals and objective are:
 Continuous development or improvement of safety and minimization and
prevention of various kinds of errors, events and breakdowns related to system.
 Reduction of adverse kind of errors related events, breakdown of systems.
 Reduction of losses to the organization by identifying, analyzing, prevention and
controlling of potential clinical problems and operational risks.

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Scope and function of the program
Risk management can be considered to be an important thing for quality improvement
and safety of patients. It is considered to be an important aspect for creating awareness among
staff as family members of patients (Huntley et al..2013). The need or requirement for training is
not limited to hospital depended website. A risk manager mainly develops system and processes
which can be used for monitoring and controlling of associated risk. The hospital can easily ask
him to perform duties along with team of risk management specialist (Sadgrove, 2016). A risk
manager in a hospital is generally associated with new kinds of policies and procedures which is
associated with it.
Risk management program function
The training institute should be prepared in such a way that it can meet the biomedical
technology training needs (Abed et al... 2013). This generally ranges from initial training to new
equipment for training, various kinds of on-going services and training which is generally
indicated. Based on the complexity of the biomedical technology which is used by clinical
providers, proper education is provided about the equipment (Huntley et al..2013).
Responsibilities in hospital is inclusive of maintenance or collaboration like biomedical
engineering and responsibilities related to routine cleaning or disinfecting.
Administrative and committee structure and mechanism for coordination
The patient risk and safety management is generally done by risk manager and designer
who generally provide reports to chief executive officer. The risk manager generally interference
with various administrator and other kind of professional. The risk manager generally checks
activities of patient and risk management committee. Documentation is considered to be an

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important designation for risk manager which is generally contained in the patient safety and risk
management plan.
Monitoring and continuous improvement
The patient safety and risk management generally reviews about the various activities of
risk management. The risk manager generally focusses on various kinds of activities and
outcomes which is related to various governing bodies. Data reporting generally focus on event
trends, analysis of claims, frequency and severity data. The factor is taken for consideration key
to successful risk management program is considered to be loss for program control (Krumholz,
2013). Necessary steps should be taken for effective type of control program which is taken to
through institution commitment, documents, functional organization models, improvisation of
communication and evaluation on a continuous basis (Abed et al... 2013). The assistant
administration of quality control will generally address risk management committee which will
have administration from various kinds of departments like
 Quality Control
 Medical Audit
 Blood bank
 Safety and Security
 Education
 Medical records
 Nurses
The ultimate goal of risk manager is to fulfilling responsibilities of his position so that there can
minimization of injuries to patients, visitors and employees and financial loss to hospital.

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References
Abed, H.S., Wittert, G.A., Leong, D.P., Shirazi, M.G., Bahrami, B., Middeldorp, M.E., Lorimer,
M.F., Lau, D.H., Antic, N.A., Brooks, A.G. and Abhayaratna, W.P., 2013. Effect of weight
reduction and cardiometabolic risk factor management on symptom burden and severity in
patients with atrial fibrillation: a randomized clinical trial. Jama, 310(19), pp.2050-2060.
Catherine, Q., Susanna, W., Isidora, E.S., Mark, H., Aurelie, V. and Jean-François, H., 2013. A
review of current knowledge on toxic benthic freshwater cyanobacteria–ecology, toxin
production and risk management. Water research, 47(15), pp.5464-5479.
Glendon, A.I., Clarke, S. and McKenna, E., 2016. Human safety and risk management. Crc
Press.
Hopkin, P., 2017. Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Huntley, A.L., Thomas, R., Mann, M., Huws, D., Elwyn, G., Paranjothy, S. and Purdy, S., 2013.
Is case management effective in reducing the risk of unplanned hospital admissions for older
people? A systematic review and meta-analysis. Family practice, 30(3), pp.266-275.
Krumholz, H.M., 2013. Post-hospital syndrome—an acquired, transient condition of generalized
risk. New England Journal of Medicine, 368(2), pp.100-102.
Mamishi, S., Pourakbari, B., Teymuri, M., Babamahmoodi, A. and Mahmoudi, S., 2014.
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McNeil, A.J., Frey, R. and Embrechts, P., 2015. Quantitative risk management: Concepts,
techniques and tools. Princeton university press.
Pocock, S., Bueno, H., Licour, M., Medina, J., Zhang, L., Annemans, L., Danchin, N., Huo, Y.
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