ROI for Patient Safety: Demonstrating the Value of Risk Management

On-Demand

In today’s changing health care environment there is an overwhelming need to demonstrate the value creation that enterprise risk management can bring to health care. For risk managers, it is no longer just about reacting to identified adverse clinical events but rather focusing on those competencies needed to play a significant role in proactively decreasing risk and being part of the health care decision-making process. Patient safety can and should be a significant focus of these efforts not only for the benefit of the patients and their families but also for the financial difference it can make to the organization. Being prepared to demonstrate through appropriate metrics and analysis of how patient safety initiatives can create value and provide a significant return on investment for the organization can enhance the importance and role of today’s risk manager. This program is designed to provide the risk manager with concepts and ideas on how they can promote patient safety with the appropriate metrics and analysis to demonstrate its value to health care and show that patient safety does make “cents.”

Learning Objectives:

1. List 3 core competencies needed by today’s successful health care risk manager.
2. Describe the main factors that have caused the transition from volume to value in health care.
3. Provide 3 data sources that you may be able to use to support the value of patient safety initiatives in your organization.

Speaker 

Faye Sheppard RN, MSN, JD, CPHRM, CPPS

Member: $39.00
Non-Member: $99.00