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Understanding the Five Steps of the Operational Risk Management Process and Their Application in Healthcare Settings
Operational Risk Management (ORM) is important for organizations, especially in healthcare settings. The stakes include both financial outcomes and patient safety. ORM involves identifying, assessing, mitigating, monitoring, and reporting risks that could disrupt routine operations. For medical practice administrators, owners, and IT managers in the United States, grasping the five steps of the ORM process […]...
16 Oct 2024