"The Ronan Report" provides insight about the activities at the Western Maryland Health System in Cumberland, Maryland, and about the changes taking place in healthcare today from a CEO's perspective.

Wednesday, November 2, 2011

Enterprise Risk Management

Risk management has been around for a very long time in hospitals.  Yesterday at WMHS, we embarked on a new approach, an enterprise risk management initiative.  We will assess every aspect of the health system to determine what and where the risks to the organization may be.  System-wide risk will be assessed starting with a review of the strategic plan and then priorities will be determined in areas of regulatory compliance, patient safety, internal audit and the list goes on.  As we get further into the initiative, I will blog on our progress.

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