Capstone Project Research Paper Example | Topics and Well Written Essays - 1000 words

Capstone Project - Research Paper Example This essay focuses on hospitals that have recently started to incorporate risk management in their operations. The researcher explores the major role of the risk management department is to make sure that the organization does not make unnecessary loss due to Potentially Compensable Events. These are occurrences that can result due to litigation against the providers in health care. Furthermore, health care providers are also forced to compensate the injured patients, doctors and others in such cases. Generally modern hospitals offer varied services like the ambulance, surgery services, emergency services and partial hospitalization and etc. In addition, several health care officers help in the provision of patient care. Thus, today hospitals often have their regulatory body which controls their operations online. Thus, most hospitals have occurrence report system which allows the risk managers to track down online the Potentially Compensable Events and later identify the risk areas in the organization which can be improved. Therefore, there has to be procedures and policies that should be enforced to identify common errors that which have to be reported. The researcher explaines such policies, such as error reporting, that should be impartial as some hospitals have started to embrace an electronic system. This allows the risk managers to receive, analyze and then review the reports online in real time, which leads to successful and quick administration of the problem occured.