Mount Sinai Medical Center’s Risk Management Essay

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The concept of risk refers to the circumstances that might affect the project or the entire organization in either a negative or positive way. Fortunately, risks could be predicted and, hence, a risk manager could develop a plan to mitigate them. The present paper discusses risks that could be potentially faced by the Mount Sinai Medical Center and suggests ways to escape them or reduce their negative impact.

The first risk deals with high readmission and mortality rates. The suggested way to mitigate this risk is to employ qualified nurses and practitioners who cannot only help patients in person but also assist them via the Internet or phone calls. The second reason for concern is the funding of the hospital. To deal with this issue, it is suggested to decrease the utilization of emergency rooms. Instead, nurses could implement the practice of calling patients directly (Mataxen and Webb, 2019). Besides, it is recommended to reserve complex case management exclusively for the patients at the highest risk levels so that the rest of the members will receive care based on evidence and standard procedures.

The probability of comorbidities could be reduced if all patients with heart disease cases are analyzed and predictive models are employed to trace the tendencies. In addition, medical specialists should pay attention to each patient’s social and racial peculiarities because these factors might affect the treatment plan and comorbidities. Needless to say, nurses could help mitigate the issue of low health literacy by educating their patients. Since healing depends not only on the efforts of nurses and doctors but also on patients, the latter should be instructed on how to have a healthier lifestyle. Medical personnel should do their best to establish an efficient dialogue with patients. Finally, it will be effective to use surveys to ask patients and healthcare providers about what could be improved.

Reference

Mataxen, P. A., & Webb, L. D. (2019). Telehealth nursing: More than just a phone call. Nursing2020, 49(4), 11-13.

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IvyPanda. "Mount Sinai Medical Center's Risk Management." January 22, 2023. https://ivypanda.com/essays/mount-sinai-medical-centers-risk-management/.

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