Health Care Activity
risk management
risk man·age·ment
Definitions related to risk management:
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Interventions to initiate risk reduction activities and continue monitoring risks over timeNursing Interventions ClassificationUniversity of Iowa, 2007
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The process of minimizing risk to an organization by developing systems to identify and analyze potential hazards to prevent accidents, injuries, and other adverse occurrences, and by attempting to handle events and incidents which do occur in such a manner that their effect and cost are minimized. Effective risk management has its greatest benefits in application to insurance in order to avert or minimize financial liability. (From Slee & Slee: Health care terms, 2d ed)NLM Medical Subject HeadingsU.S. National Library of Medicine, 2021
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