Risk: The Institute of Risk management defines risk as “The combination of the probability of an event and its consequence. Consequences can range from positive to negative” (IRM, 2015). Risks are present in all organisations and based on the level of working it can be affect the strategic, tactical and operational level objectives.
Risk Management: Risk management is the process by which uncertain risks are proactively indentified, evaluated and addressed. Evaluation of the risks will involve risk assessment, the organisational objectives that it causes failure in, the priority assignment in terms its impact and the assessment of the frequency of occurrence.
Risk Issue: Issue identified is patient safety issues caused by data communication. Risks associated with patient safety and its management is the focus of the report. An ICT integrated approach is suggested for this risk issue management. Then the risks associated with the risk issue management (the ICT implementation) are also discussed. These are the risks that occur because of the use of Information Communication Technology System in the Health care industry.
Relevant Industry: The risk to patient safety exists in the Health Care industry. The overall goal in risk management for patient safety is to assess patient safety concerns and provide risk management that will improve health for the client, and will decrease adverse effects during the medical treatment intervention.
Significance: Patient health improvement is the key objective for any health care industry. When patient safety risks are increased, then the impact on patient health will basically negate the pursuit of the objective. There are many ‘patient safety’ associated risks as identified from the Patient Safety Movement Foundation in the United States (Rizzo, 2013). The primary of them are associated with data communication concerns. These not only cause concerns in health safety, but also might trigger of other associated concerns such as that of increased patient stay, increased monetary usage, and more.