Wednesday, May 6, 2020
Risk and Quality Management - 1659 Words
Risk and Quality Management Assessment Summary Kelly Hennessey HCS/451 02/18/2012 Lauri Rose Risk and Quality Management Assessment Summary Evergreen Woods health and rehabilitation center is located in Spring Hill Florida. The center has been serving Hernando County for over 25 years. Services that the center offers are: Post-acute services, Rehabilitative services, skilled nursing, Short and long term care through physical, occupational and speech therapists. The mission of Evergreen Woods health and rehabilitation center is to provide comprehensive services to meet the care of the residents and patients. They strive to meet customer satisfaction daily and follow core values to obtain excellence in care. Risk management servesâ⬠¦show more contentâ⬠¦The last risk would be financial issues due to insurance issues. ââ¬Å"Of 10 million Americans nearly 7 million of them being over 65 rely on some level of assisted careâ⬠(Weston 2012). This number does not include the number of people that are under the age of 65. Many people that rely on long term care live on disability or social security. These people are living on extremely limited income put them and their families in mental distress trying to figure out how to pay for the needed care. ââ¬Å"Medicare provides only 100 days of care following hospitalizationâ⬠(Weston 2012). After the 100 days it then becomes the responsibility of the patient to either pay out of their pocket or use a supplemental insurance. For many this is an issue as they do not have any other insurance nor do they have the finances to afford this care on their own. With patients under Medicaid insurance there is still an issue ââ¬Å"Medicaid p rovides long term care, but only after a patient has deplete his/her financesâ⬠(Weston 2012). So how does this affect the organization itself, now with lack of insurance you run the risk of not being paid for services already rendered. The other risk involved is that if a patient is unable to pay for the care themselves then they have to resort to other means of care, now the organization has empty beds. Empty beds mean that there is not a high need for staff members resulting in layoffs. All of these risks can in fact theShow MoreRelatedRisk and Quality Management1593 Words à |à 7 PagesRisk and Quality Management Assessment Summary Angelina L. Crudo HCS/451 University of Phoenix Lisa Kehlenbrink July 8, 2013 Risk and Quality Management Assessment Summary Risk management is about reducing the likelihood of errors with the aim of improving and monitoringRead MoreEffective Quality Management And Risk Management874 Words à |à 4 PagesIII. Effective Quality Management Although hundreds of management methods are developed, most research considers a non-holistic software quality management (SQM) viewpoint and focuses on development-phase-specific quality assurance (QA) methods and activities. 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