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Mesh term Risk Management

Browse to parent terms:
Financial Management
Organization and Administration


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 and Slee: Health care terms, 2d ed)

Browse to child terms:
Risk Assessment
Risk Evaluation and Mitigation
Risk Sharing, Financial
Safety Management

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