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We all realize that our medical practices should have risk-management programs in place, however, taking the time to develop a solid program is often put aside due to other operational components of our business.  Without proper procedures in place that are documented and abided by, we place our businesses in potentially precarious positions.  Here are a few tips from MGMA when reviewing your risk-management program.

Everyone in a medical group practice benefits from an effective risk-management program. A strong program helps identify problem areas and enables clinicians to reduce patient errors and poor outcomes. To accomplish this, leaders — including the practice administrator — must constantly gather pertinent information. This allows you to develop policies and procedures that promote quality health care and a safe environment.

The basic components of a risk management program are a source document to report incidents, staff education and a quality-improvement team.