Risk and Quality Management Assessment Summary - 1698 Words

Risk and Quality Management Assessment Summary Risk management is the practice of measuring risk and creating strategies to accomplish the risk. In ideal risk management, an arrangement process is shadowed whereby the risks with the maximum loss and extreme probability of happening are controlled first. However, the procedure can be hard, and maintaining between risks with high possibility of occurrence but lower loss and risks with high loss but lower possibility of occurrence can often be mismanaged. â€Å"Quality management is a systematic and continuous process that organizations use to deliver products and services that meet or exceed customer expectations. Quality management in healthcare has evolved over the year to address increased†¦show more content†¦The quality management of long-term care facilities will use the term â€Å"Total Quality Management†, because it improve and profits the organization and all people associated with it, by using processes, which continuously improve the quality of all prod ucts, services, and information (Capitman, Leutz, Bishop, Casler, 2013). Implementing Total Quality Management will improve customer satisfaction, improve productivity, improve profits, and lower cost. Following the idea of Total Quality Management would let a long-term care facility to influence its long-term and short-term goals. Eventually long-term goals quality improvements goals are to increase clinical quality, increase patient and family satisfaction, enhance patient result, and quality of life. As for short-term goals for long-term care facilities are to lower high-risk pressure ulcers, lessen the use of daily physical and chemical restrictions, improving pain management, and gaining staff retention. Numerous external and internal factors can influence the Long-Term Care facility’s capacity to reach quality improvement goals. â€Å"Internal factors are staffing levels and staff characteristics† (Institute of Medicine, 2013). Some internal factors that can cost quality improvement intention are management, organizational capacity, and environmental conditions. If a facility does not have the skill, numbers, positive management, and training, no matter what rules, regulations, andShow MoreRelatedEssay on Assessment Summary of Risk and Quality Management2038 Words   |  9 PagesAssessment Summary of Risk and Quality Management HCS/451 February 4, 2013 Assessment Summary of Risk and Quality Management As I was reading about Duke University Medical Center and here is what it said about quality improvement it is a â€Å"formal approach to the analysis of performance and systematic efforts for improvement† (2005). 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