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There are risks and liabilities in every department of an organisation’s operations and the healthcare facilities are no exception. That is why there is a requirement of qualified and efficient risk managers in healthcare facilities. Such professionals run a monitoring of the potential risks, manage them and reduce their effects or prevent them from causing any damage to operations. In fact, they are behind the quality care and safety given to the patients. Starting from responding to the claims of clinical malpractice and addressing of patient complaints to following state and federal regulations, a healthcare risk manager performs a number of duties for ensuring patient and staff safety and security. Responsibilities The prime duty is to protect the hospital’s interests. Their efforts are mainly channelised to making sure that the patients receive high quality care and safety. A hospital or a healthcare facility may be exposed to many types of risks and a healthcare risk manager coordinates the procedures for the management of the potential risks. These professionals oversee and direct the quality assurance programs of an organisation. The programs include · Medical staff assessments · Patient care systems improvement · Quality enhancement initiatives · Regulatory compliance Other responsibilities include the following: · Investigating medical malpractice claims and patient complaints · Checking medical records for any liability issue · Organising and carrying out risk management training programs · Researching medical topics and legal guidelines related them and also, reporting on the research and studies to the higher management · Reviewing financial records to prevent any fraud or theft issues · Managing lawsuits and acting as a liaison for liability claims Education and Training Required While recruiting healthcare risk managers most employers look for candidates who have a bachelor’s degree preferably in a science discipline. Some employers prefer to hire candidates having a master’s degree in a science discipline. An advanced degree helps in the promotion. Legal training and strong leadership skills are also essential for career advancement in this field. Necessary skills Employers include a sound base of medical knowledge and risk management experience in any other field in the job criterion list for healthcare risk managers. This is a managerial position which fresher candidates cannot apply for. As an aspiring candidate for this critical role, you must be aware of the relevant state and federal legal regulations. Other skills and attributes required for this job are · Communication skills (verbal and written) · Planning and research skills · Judgement and prompt decision-making skills · Organisational skills · Team-working skills · Capacity to work on your own and take independent decisions · Leadership skills · Analytical skills · An eye for detail · Ability to handle challenging situations · Stay updated with current regulatory amendments · Willingness to learn more and continue education · Capability to work with utmost professionalism Salary The average annual salary of risk managers in the healthcare industry ranges between £35,000 and £60,000. With considerable years of experience and high proficiency level, these professionals can earn between £52,000 and £80,000. Managers are promoted to executive positions on the basis of experience and efficiency. They will be able to earn more in these risk jobs. Scope for Career Advancement The healthcare industry holds good potential for prospective risk managers interested to start their career in this flourishing sector. As the job market analysts are of the opinion, the employment opportunities for the hopefuls are expected to take an upturn in the coming years. Healthcare facilities need to maintain conformity with appropriate regulations and standards. So, if you have decided to venture into a career as a risk manager in the healthcare sector, you must start your preparation right away. Author Bio Lisa Wordsworth is a legal recruitment advisor. She has her own blogs where she deals with topics like risk management jobs, career advice and so on. While writing on these topics she gets inspiration fromBarclay Simpson Recruitment. Summary The role of a healthcare risk manager is high-ranking as a result, high qualifications and skills are a big requirement. You may read this article to know what the essentials are.
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