Determining optimal risk retention in the healthcare industry.
Several methodologies may be used for determining the level of risk that a healthcare organization should retain as part of its overall insurance and risk management program. Approaches used in the past, however, may not be appropriate to use in the 1990s. This article proposes a more comprehensive methodology of risk determination.
Sedgwick, Inc., Nashville, TN.
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Lynch
D000066:Accounting; D000206:Actuarial Analysis; D003362:Cost-Benefit Analysis; D003659:Decision Making, Organizational; D005375:Financial Audit; D005377:Financial Management, Hospital / Q000379:methods*; D017721:Hospital Costs; D007351:Insurance, Liability / Q000191:economics*; D012308:Risk Management / Q000191:economics* / Q000379:methods; D014481:United States; D014942:Workers' Compensation / Q000191:economics*