The process of measuring or assessing risk and then developing strategies to manage that risk.<\/p>\n
The process of minimizing risk insurance to an organization at a minimal cost in keeping with the organization’s objectives. Risk management includes risk control and risk financing. Risk control involves: (1) developing systems to prevent accidents, injuries, and other adverse occurrences, and (2) attempting to handle events and incidents which do occur in such a manner that their cost is minimized. The latter might involve, for example, special attention to personal relations with the injured party, attempts to reach satisfactory settlement without lawsuit, and the like. Risk financing involves the procurement of adequate financial protection from loss, either through an outside insurance company or through some form of self-insurance.<\/p>\n
The methods used by health care organizations to defend their assets against the threats posed by legal liability.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The process of measuring or assessing risk and then developing strategies to manage that risk. The process of minimizing risk insurance to an organization at a minimal cost in keeping with the organization’s objectives. Risk management includes risk control and risk financing. Risk control involves: (1) developing systems to prevent accidents, injuries, and other adverse […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-25132","post","type-post","status-publish","format-standard","hentry","category-r"],"yoast_head":"\n