The benefits of hospital Enterprise Risk Management (ERM) include:
Improved patient safety
Enhanced regulatory compliance
Increased operational efficiency
Better decision-making
Improved financial performance
Enhanced reputation and public trust
Proactive risk identification and mitigation
Improved patient satisfaction and experience
Better allocation of resources
More effective communication and collaboration.
ERM provides a comprehensive and systematic approach to managing risk in healthcare organizations, which helps to ensure the delivery of high-quality patient care, mitigate negative impacts, and enhance overall organizational performance.
