Hm Risk Management

First off, before identifying how risk management is related to quality, we must first define both terms. Risk management is defined as “The process in place to identify, evaluate, and control risk; defined as the organization’s risk of accidental financial liability” (Brodnik, Finehart-Thompson, & Reynolds, 2012). Whereas quality is defined as “doing the right thing, at the right time, in the right way, for the right person- and having the best possible results” (Brodnik et al., 2012). That said, how is risk management related to quality? Quality and risk goes hand in hand because anytime we are hoping to deliver good quality care, we are faced with many challenges and thus we are constantly taking risks. For example, we encounter challenges when administering medication, providing care at an adequate time, having good record documentation, amputating a wrong body part and or even when we encounter breach. …show more content…
The education of a HIM professional provides a great foundation to do this type of job (AHIMA, 2008). Some of the HIM attributes consist of knowledge and expertise in knowing how to properly identify data related to adverse events, clinical, administrative, legal and insurance information (AHIMA, 2008). Once these data is identified, HIM professionals, through knowledge and expertise, are able to conduct a root-cause analysis to mitigate the risk and thus develop action plans to improve the process (AHIMA, 2008). Additionally, HIM professional possess a large amount of knowledge in areas related to Anatomy and Physiology, health record, health record law, patient confidentiality and HIPAA’s privacy and security standards which are all beneficial attributes that can aid in transitioning to a Risk Management