Health Care [N] » Health Care Economics and Organizations [N03] » Economics » Financial Management » Risk Management
Health Care [N] » Health Services Administration [N04] » Organization and Administration » Risk Management
Description
The process of minimizing risk to an organization by developing systems to identify and analyze potential hazards to prevent accidents, injuries, and other adverse occurrences, and by attempting to handle events and incidents which do occur in such a manner that their effect and cost are minimized. Effective risk management has its greatest benefits in application to insurance in order to avert or minimize financial liability. (From Slee & Slee: Health care terms, 2d ed) MeSH
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