Description

This course is designed to help students to gain practical knowledge in healthcare sector risk management and related issues from corporate governance perspective. By employing risk management, healthcare organizations proactively and systematically safeguard patient safety as well as the organization’s assets, market share, accreditation, reimbursement levels, brand value, and community standing. This course aims to raising awareness of risk management in healthcare comprises the clinical and administrative systems, processes, and reports employed to detect, monitor, assess, mitigate, and prevent risks.

Program

MBA

Objectives

• Upon completion of this course, students should be able to: • Identifying, classifying and managing types and nature of risks in healthcare sector organizations. • Analyzing risk culture, appetite and tolerance in healthcare sector organizations. • Discus the important role of patient safety and the reduction of medical errors that jeopardize an organization’s ability to achieve its mission and protect against financial liability. • Analyze the use of technology to synchronize risk mitigation efforts across the entire organization and remove risk associated with departments or business units • Provide economic rationales for risk management and analyze the methods to assess risk in banking institutions. • Discuses and debate recent events concerning healthcare institutions and their implications for effective risk management.