Assignment ContentIdentify 3 to 5 significant emerging technological trends affecting risk management within a
health care organization.
Select 1 of the technological trends you identified for the next portion of this assignment.
Create a 10- to 12-slide Microsoft® PowerPoint® presentation in which you:
o Summarize the most relevant technological trend affecting an organization.
o Identify the factors that led to the trend.
o Explain the trend’s financial and service effects.
o Develop a strategy to address opportunities.
o Describe how you would mitigate the associated threats.
Include detailed speaker notes for each slide.
Cite at least 5 scholarly references to support your assignment.
Format your citations according to APA guidelines.
Part 1
Discussion #2:
Write a 250- to 300-word response to the following:
•
•
Do laws and regulations protect patients, or do health professionals protect patients?
As you consider laws and regulations, how would the situation in A Never Event be
different today?
Part 2
Student Responses:
Student Response 1: Student response 1: Review the classmates’ posts and respond to at
least one in a minimum of 150 words. Explain why you agree or disagree. Then, share an
example from your professional experience to support your assertions.
he two technology systems that support risk management are Enterprise Risk Management
(ERM) software and Risk Management and Management Tools (RAMTs). Enterprise Risk
Management (ERM) software is designed to provide a comprehensive approach to risk
management within the organization. It integrates risk identification, assessment, monitoring,
and reporting into a single platform. Some of the potential benefits of ERM software include
having a holistic view as it allows organizations to assess risks across various departments and
functions, and thus providing a holistic view of the risk landscape (Etges et al., 2018). It also
provides improved decision-making as it enables better decision making through providing
real-time data analytics, and allows organizations to prioritize risks and allocate resources.
Finally, it allows collaboration and communication (Etges et al., 2018). The system facilitates
collaboration among different stakeholders, enabling effective communication and
coordination in risk management efforts.
Despite this, the software also has some challenges such as complexity, in which ERM systems
are complex to implement and require significant efforts to configure, customize, and integrate
with existing systems. It is also costly, as initial investment and ongoing maintenance costs are
higher.
Risk Assessment and Management Tools (RAMTs) is specialized tool that focuses on risk as
assessment and management processes. These tools provide structured frameworks for
identifying, analyzing, and mitigating risks. Some of the benefits of this system is efficiency, as
RAMTs streamlines the risk assessment process through providing pre-defined templates, risk
libraries, and automated workflows, thereby saving time and effort (Aven, 2016). It also allows
customization, as these tools allow organizations to tailor risk assessments to their specific
needs and industry requirements. Finally, scalability is also a benefit that comes along with use
of RAMTs, as it accommodates organizations of different sizes, complexity levels, which makes
it suitable for both small and large organizations.
Some of the challenges associated with it include having a limited scope, as it may focus
primarily on risk assessment and management, and thus it lacks broader capabilities of ERM
software. It also has a fragmented approach, as using multiple RAMTs for different risk areas
may result in fragmented risk management processes and difficulty in consolidating
information.
Based on the potential benefits and challenges that the two risk management technologies
have, it is clear that ERM is the most preferred technology that the organization can adopt.
However, with other factors such as the cost of investment and the size of organization, RAMT
will be the best to consider for small organization which has a limited budget.
Reference
Aven, T. (2016). Risk assessment and risk management: Review of recent advances on their
foundation. European Journal of Operational Research, 253(1), 1–13. Science Direct.
Etges, A. P. B. da S., Grenon, V., Lu, M., Cardoso, R. B., de Souza, J. S., Kliemann Neto, F. J., &
Felix, E. A. (2018). Development of an enterprise risk inventory for healthcare. BMC Health
Services Research, 18(1). https://doi.org/10.1186/s12913-018-3400-7
Student Response 2: Student response 1: Review the classmates’ posts and respond to at
least one in a minimum of 150 words. Explain why you agree or disagree. Then, share an
example from your professional experience to support your assertions.
The health and welfare of patients should be of utmost concern and should be protected by
both laws and regulations and the healthcare professionals. Organizations must safeguard
their patients and should take steps to ensure that there are no repeated offences where the
health of the patient is concern. In addition, there is also the Health Insurance Portability and
Accountability Act (HIPPA) which address protection of the privacy and security of patients’
medical records (Moore & Sarah, 2019). Individual healthcare professionals can be held liable
for any act that would impact on the safety of their patients i.e., falls, wrongly administered
medication, use of unsterilized equipment, or unclean syringes or needles that are reused on
different patients (Brazier & Cave, 2016). These are areas that are the direct responsibility of the
care givers who should be trained and proficient in their medical duties.
At Fremont Cancer Center (FCC) the outbreak should not have occurred. Although the matter
was made aware to the supervising pathologist of the unethical acts and mistreatment of the
patients, there was not enough attention given, which allowed Dr. Javed and his staff to
continue with the violations and inefficient care of their patients. There were medication errors
that were preventable, which was totally ignored by the healthcare professionals who were in
charge of administering the appropriate medicine to the patients. This should have caused
more concern and directed more attention on improvements at the facility, and the prevention
of errors in patient safety (Billstein-Leber et al., 2018).
In the healthcare industry, a “Never Event” refers to a serious medical error that is considered
preventable and should never occur as was seen at Fremont Cancer Center. A Never Event in
today’s medical profession has introduced many ways to raise awareness about serious types
of medical errors and to encourage healthcare providers to take necessary steps to prevent
them. Some measures are: increased regulations, improved reporting systems and enhanced
patient safety, with the intent of creating a culture of safety in healthcare making patient a top
priority and holding healthcare providers accountable for their actions (Never Events, 2019).
Billstein-Leber, M., Carrillo, J. D., Cassano, A. T., Moline, K., Moline, K., & Robertson, J.
J. (2018). ASHP Guidelines on preventing medication errors in hospitals. American Journal of
Health-System Pharmacy, 75(19), 1493-1517. https://doiorg/102146/ajhp170811
Brazier, M., & Cave, E. (2016). Medicine Patients and Law. Manchester University Press.
Moore, W., & Sarah, S. (2019). Review of HIPAA, Part 1: History, protected health information,
and privacy and security rules. Journal of Nuclear Medicine Technology, 47(4), 14. DOI:https://doiorg/102967/jnmt119227819
Never Events. (2019). Agency for Healthcare Research
Quality. https://psnet.ahrq.gov/primer/never-events
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