Stanford Releases New Risk Management Methodology

Stanford Hospital & Clinics has released a new risk management methodology called value-driven enterprise risk management, according to a release from Stanford.

Advertisement

Based on the new methodology, Stanford has invested $3 million in equipment and training to support a new safe patient-handling program, and recently 30 healthcare executives spent almost three days at Stanford to learn the new approach.

This new version of risk management goes beyond the classic goal of managing downside risk and includes an upside, value creation. In addition to including values such as reductions in patient falls and employee injuries from lifting patients, the new system also values the benefits of less obvious impacts, such as pressure ulcers.

Read the Stanford Hospital & Clinics release on risk analysis.

Read other coverage about patient safety:

Researchers Highlight 4 Keys to Effective Handover Protocols

7 Statistics on Surgery Center Outcomes From the ASC Association

Washington Hospital Association Data Indicates Some Hospitals Still Struggle With Infection Control

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Accreditation, Licensure & Medicare Certification

Advertisement

Comments are closed.