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Towards improving risk management in healthcare organisations in Africa: A review
Abstract
This paper undertook a survey of existing literature in risk management and proposed a framework towards implementing an efficient risk management system in Africa’s healthcare organisations. The study recognises the relevance of risk management in healthcare organisations and asserts that there is no risk management system that can be said to be completely absolute. The main objective is to ensure that the healthcare institutions’ identified risks are managed within acceptable levels. It is suggested that healthcare organisations should have a proactive risk management programme as opposed to a reactive one. This study identified Enterprise Risk Management (ERM) as involving the expansion of the role of risk management across the healthcare organisation by adopting a more
holistic approach. Finally, the study proposed an ERM model to be implemented for effective risk management of healthcare institutions in Africa. We noted that by establishing an effective risk management system, healthcare organisations would be well positioned to successfully promote quality of healthcare and enhance performance, while managing the turbulent times of change.
Keywords: Risk management, Healthcare risk, Healthcare organisations