About The Medical Condition Management, Risk
Find the definition of the medical term Management, Risk. Management, Risk defined and explained for easy understanding at the Medical Conditions from ClusterMed.info.
Management, Risk
Management, Risk Medical Condition |
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What's The Definition Of The Medical Condition Management, Risk?
The process of minimizing risk to an organization by developing systems to identify and analyze potential hazards to prevent accidents, injuries, and other adverse occurrences, and by attempting to handle events and incidents which do occur in such a manner that their effect and cost are minimized. Effective risk management has its greatest benefits in application to insurance in order to avert or minimize financial liability. (From Slee & Slee: Health care terms, 2d ed)
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