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Beyond patient safety and medical liability.

Risk management in healthcare comprises the clinical and administrative systems, processes, and reports employed to detect, monitor, assess, mitigate, and prevent risks. By employing risk management, healthcare organizations proactively and systematically ensure patient safety as well as the organization’s assets, market share, accreditation, reimbursement levels, brand value, and community standing. Hospitals and other healthcare systems …

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The role of Risk Champions in effective Risk Management

At the heart of any effective risk process are two common qualities of strong team work and open communication. This, supported by strong action and solution orientation enable the Risk Management function to carry out its mandate effectively. Risk Champions are central to this, and used well, they become the glue that can hold risk …

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How to conduct Effective Internal Investigations

Internal investigations allow a company to monitor itself to ensure that its managers, supervisors, and employees comply with the law as well as internal policies and guidelines.  The purpose of an investigation is to gather facts so that the investigator can make a credible determination about what happened and whether a violation occurred. In any …

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Combating Cyber Security Threats

New cybersecurity threats and breaches emerge each year. Even with unprecedented vulnerabilities such as Spectre and Meltdown, the approach to dealing with the risks they pose is the same as ever: sound risk management with systematic processes to assess and respond to risks. Here are considerations for cyber risk management. Risk management is the ongoing …

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The role of Risk Champions in effective Risk Management

At the heart of any effective risk process are two common qualities of strong team work and open communication. This, supported by strong action and solution orientation enable the Risk Management function to carry out its mandate effectively. Risk Champions are central to this, and used well, they become the glue that can hold risk …

The role of Risk Champions in effective Risk Management Read More »

Charity fraud

Charity fraud, a type of fraud that occurs when charitable organizations that solicit funds from the public for philanthropic goals, such as seeking cures for diseases or helping orphans, solicit donations in a deceptive manner or use the monies that they collect for purposes not intended by the donors. Charities are subject to the kinds …

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How To Manage Risk

Risk is an uncertain event that occurs and can have a positive or negative impact on a company’s or organization’s goals. The potential for a risk to have a positive or negative effect is an important concept. Why? Because it is natural to fall into the trap of thinking that risks have inherently negative effects. …

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