What is the primary purpose of risk management in health care institutions?

The primary purpose of risk management in health care institutions is to establish an organized effort that aims to identify, assess, and reduce risks. This approach is crucial in the health care setting, where the safety of patients, staff, and the overall integrity of the institution is paramount. By systematically identifying potential hazards or vulnerabilities, organizations can implement strategies to mitigate these risks, thereby enhancing patient safety, reducing the likelihood of medical errors, and ultimately improving the quality of care delivered.

This proactive stance not only protects patients and employees but also helps in maintaining the financial stability of the institution by minimizing potential liability costs associated with claims or lawsuits resulting from preventable incidents. The focus is on creating a culture of safety and preparedness, ensuring that health care providers can deliver services effectively while managing potential risks.