Managing risk in a changing health care system.
This article examines the information requirements and other strategies needed to manage business and financial risk in health care organizations. The business and financial risk of providers in the changing health care market is defined. The major factors that are increasing risk are outlined, and strategies for measuring and managing risk are discussed. The interaction of business and financial risk is described, and strategic goals that will minimize the effect of this interaction are presented.
Paterson
M A
MA
Department of Health Care Administration, University of Nevada, Las Vegas, USA.
Wendel
J
J
D002204:Capitation Fee / Q000639:trends*; D019058:Community Networks; D003363:Cost Control / Q000639:trends; D004465:Economic Competition / Q000639:trends; D005376:Financial Management / Q000379:methods; D005544:Forecasting; D006801:Humans; D015271:Insurance Pools; D008329:Managed Care Programs / Q000191:economics* / Q000592:standards; D016311:Outliers, DRG / Q000191:economics; D010348:Patient Care Team / Q000191:economics; D012051:Reimbursement Mechanisms / Q000639:trends; D012308:Risk Management / Q000191:economics / Q000379:methods*; D014481:United States