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Risk Assessments and Identification Strategies in Healthcare Sector

Risk Assessments and Identification Strategies in Healthcare Sector
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Author(s): Deepa Sharma (Maharishi Markandeshwar, India)
Copyright: 2026
Pages: 26
Source title: Risk Management and Corporate Governance in Unpredictable Business Environments
Source Author(s)/Editor(s): Iylia Dayana Mohamed Izwan (Management and Science University, Malaysia), Azman Norhidayah (Management and Science University, Malaysia), Nor Balkish Zakaria (University Teknologi Mara, Malaysia)and Kazi Sohag (Ural Federal University, Russia)
DOI: 10.4018/979-8-3373-0613-1.ch010

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Abstract

The recent biomedical, technological, and normative changes have led healthcare organizations to the implementation of clinical governance as a way to ensure the best quality of care in an increasingly complex environment. Risk management is one of the most relevant aspects of clinical governance and approaches put forward in literature highlight the necessity to perform comprehensive analyses intended to uncover root causes of adverse events. Since it assists in identifying possible threats to patient safety, data privacy, organizational financial stability, and regulatory compliance, risk assessment is an essential part of healthcare compliance management. In order to keep your patients safe and your business compliant and running efficiently, you must manage federal, state, and provincial regulations, adopt new technology, and safeguard sensitive patient data. Although it's a difficult undertaking, it's essential to the success of your healthcare company. Healthcare companies are quickly implementing new technology and solutions, as is the case with the majority of sectors.

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