Question

In: Operations Management

Identify key areas of potential operational risk for a hospital.

Identify key areas of potential operational risk for a hospital.

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Expert Solution

Answer:

Following are the key areas of potential operational risk for a hospital:

Maintaining the safety of patient is risk area, the people dies from an infection they received while in the hospital. Reducing the risk of infection is important area.

Another area is power failures. It is crucial in ensuring a high quality of care and maintaining the organization’s reputation.

Noncompliance with regulatory standards can lead to a disruption in operations, poor quality of care, safety issues, and substantial fines.

Hospitals are the most energy-intensive buildings. The cost of healthcare costs are on the rise. These financial cost of land, hospital equipment is increasing day by day.

Hospitals must also be ready to respond to both expected and unexpected changes, such as possible increased regulatory demands, environmental mandates, and future healthcare innovations.

Clear and accurate documentation of patient care encounters and services is critical from a regulatory, reputational, financial, and patient care perspective.


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