Risk Management

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Description

Risk Management

Risk Management

ANSWER


In any organization, effective risk management is one of the major determinants of whether or not the organization will be successful. This is the case in the healthcare sector and as such, risk management is one of the management issues that managers in the sector prioritize. This is done in order to facilitate the provision of quality services to clients as well as ensure that health institutions are able to cover their costs and even generate profits that help towards the provision of better services to patients in the future (Emslie & Hancock, 2008, pp. 118-119).