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Tuesday, June 11, 2019

Risk Management Policy (NHS) Essay Example | Topics and Well Written Essays - 500 words

Risk Management Policy (NHS) - Essay ExampleThis intentness is susceptible to many types of adventure. For example three percent of Americas $1.7 trillion annual healthcare expenditure is lost due to fraud and everywhere charging (Lexisnexis, 2007). This paper analyzes the risk management policy of a confederation in the healthcare industry called NHS Greater Glasgow. The focus of the analysis is on the impact of the risk management policy on the managerial team and regular staff of employees.Risk management is taken very seriously at NHS Greater Glasgow. For this company the risk management function is an effort that is accomplished by the cooperation of all the employees working for the firm. The current risk management policy in place in this company was establish in 2005 after the policy underwent a rigorous evaluation process that obtain input from a lot of decision makers in this enterprise working in different division of the company dispersed across the entire country. Th e application of the policy involves both the regular staff and the managerial staff.The workers in this company were trained in the risk management policy of the company. The function of the non-managerial staff is to actively report incidents and accidents of occurrences, near misses and to make recommendations on how to rectify the internal system of the unit they work for. The company has a corporate culture that encourages participation from all employees and any feedback from any member of the organization is analyse to make continuous improvement of the system.The functions of the managerial staff regarding the application of its risk management policy are managing risk, performance monitoring, gathering accurate risk information, incorporating powerful communication systems and promoting continuous improvements. At the executive managerial level the staff keeps close relationships with its partners and uses a philosophy of mutual cooperation in order to

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