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Healthcare Administration

How Risk Management Plays a Vital Role in Healthcare

Bill Schwacke

Senior Sales Executive, Origami Risk

Why integrate enterprise risk management (ERM) and other governance functions?

Integrating ERM and governance into a risk solution completes the picture of risk for an organization. It allows for a deeper understanding of risks and potential risks while ensuring industry compliance. ERM facilitates a proactive risk and compliance approach to risk management activities.

What are the benefits of software as a service (SaaS) solutions versus those traditionally installed?

True SaaS solutions means users always have the current solution version with all functionality. This allows for constant process and workflow improvements, allowing providers to grow and improve over time. True SaaS solutions will reduce both IT costs and IT risks commonly seen with installed solutions.

Risk management software is used in various industries. How is it applied to healthcare?

Risk management software is at the center of a healthcare organization’s approach to risk, safety, claims, and insurance. The software can define the provider’s approach to risk by linking, organizing, and distributing data from independent, critical functions to provide an organizational view of risk.

Can you elaborate on the correlation between patient safety and risk management software?

Patient safety and risk management software are often linked due to the nature of the data involved. While they often work independently, there are insights that can be discovered when linked together. These insights can improve quality of care and reduce claims/insurance costs for the organization.

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