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As a risk manager, it is essential that you are able to explain the concepts of

As a risk manager, it is essential that you are able to explain the concepts of risk management in the health care industry. In this instance, you have been tasked with identifying possible risks in a variety of areas and recommending actions to mitigate those risks. You will present your analysis to your leadership board.
Preparation 
Watch the following videos to learn about various types of risks within an organization.
“Mitigation of Risk Management Through Staff Training” 
Transcript
“Risks Due to Poor Customer Service”
Transcript
“Employees as an Internal Risk”
Transcript
Choose 3 risk domains and identify potential risks within each of the domains. You will choose 3 risks total to complete the presentation for leadership.
Domains of Enterprise Risks
Strategic 
Examples of risks: mergers, acquisitions, brand/reputation
Operational
Examples of risks: efficiencies, following policies/procedures, equitable care
Financial
Examples of risks: capital, cost of malpractice claims, claims fraud/abuse, billing
Clinical/patient safety
Examples of risks: medication errors, patient and employee safety, hospital-acquired conditions
Human capital
Examples of risks: turnover, staffing, fatigue/overworked, companion, HR-related
Legal/regulatory
Examples of risks: following rules/regulations, licensing, accreditation, liability
Technology
Examples of risks: security of health records, maintenance of medical equipment
Assessment Deliverable
Create a 12- to 15-slide presentation in which you:
Describe each enterprise risk domain (3 slides).
Describe a potential risk for each domain (3 slides).
Analyze potential outcomes associated with each risk.
Recommend actions to avoid each risk (proactively).
Describe a plan to mitigate each risk (if it occurs).
Recommend actions to monitor each plan.
Include detailed speaker notes or voiceover narration.
Cite at least 3 sources and format them according to APA guidelines.

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