Risk Benchmark Program Analysis

Running head: RISK MANAGEMENT PROGRAM ANALYSIS
RISK MANAGEMENT PROGRAM ANALYSIS
Name of the Student:
Name of the University:
Author’s Note:

RISK MANAGEMENT PROGRAM ANALYSIS1
Table of Contents
Introduction................................................................................................................................3
Summary of Risk Management Plan..........................................................................................3
Comparison of standard and chosen risk management plan......................................................3
Analysis of the key agencies and organizations of the program,...............................................7
Evaluation of risk management plan's compliance with the standards of its corresponding
MIPPA........................................................................................................................................7
Recommendations......................................................................................................................8
Conclusion..................................................................................................................................8
References..................................................................................................................................9

RISK MANAGEMENT PROGRAM ANALYSIS2
Introduction
Healthcare risk management is an integration of systems and processes reveal,
mitigate and preclude any risks within the healthcare setting. Thus, understanding the
elements, purpose and role of risk manager is important (Shen et al., 2017). The aim of the
assignment is to analyze a healthcare risk management program, the U.S. Department of
Health and Human Service programs that will help in understanding the steps and agencies
regulated by the administration of safe health care. Moreover, recommendations will be
proposed for improving the compliance standards.
Summary of Risk Management Plan
The aim of the Office of Inspector General as per the Public Law 95-452 is to protect
the uprightness of the Department of Health and Human Service (HHS) Program and the
health welfare beneficiaries associated with these programs (Oig.hhs.gov, 2005). The US
Department of HHS is a governmental agency that is focused on improving the health status
of the American and offering essential services to them. The Health Resources and Services
Administration (HRSA) is responsible for awarding various grants centers in order to
improve the health and well-being of the underserved population of the US.
Comparison of standard and chosen risk management plan
The risk management within the healthcare entities is stated to be an organized work for
identifying, evaluation and minimizing the risks when appropriate among patients, visitors,
healthcare staffs and assets in the organization. Simsekler (2019) opined that it is the most
appropriate form that is used for using in a pro-active manner in order to control the risks. In
case of an incident as well as handling the situation, the event need to be assessed and