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An Economic–Business Approach to Clinical Risk Management

Ubaldo Comite (), Kechen Dong (), Rita Yi Man Li (), M. James C. Crabbe (), Xue-Feng Shao () and Xiaoguang Yue ()
Additional contact information
Ubaldo Comite: Department of Business Sciences, University Giustino Fortunato, 82100 Benevento, Italy
Kechen Dong: School of Management, the University of South Australia, Adelaide 5000, Australia
Rita Yi Man Li: Department of Economics and Finance, Sustainable Real Estate Research Center, Hong Kong Shue Yan University, Hong Kong 999077, China
M. James C. Crabbe: Wolfson College, Oxford University, Oxford OX2 6UD, UK
Xue-Feng Shao: Discipline of International Business, University of Sydney, Sydney, NSW 2006, Australia

JRFM, 2020, vol. 13, issue 6, 1-12

Abstract: This paper introduces risk factors in the field of healthcare and discusses the clinical risks, identification, risk management methods, and tools as well as the analysis of specific situations. Based on documentary analysis, an efficient and coherent methodological choice of an informative and non-interpretative approach, it relies on “unobtrusive” and “non-reactive” information sources, such that the research results are not influenced by the research process itself. To ensure objective and systematical analysis, our research involved three macro-phases: (a) the first involved a skimming (a superficial examination) of the documents collected; (b) the second reading (a thorough examination) allowed a selection of useful information; (c) the third phase involved classification and evaluation of the collected data. This iterative process combined the elements of content and thematic analysis that categorised the information into different categories which were related to the central issues for research purposes. Finally, from the perspective of safety analysis and risk management, we suggest that comprehensive control and operation should be conducted in a holistic way, including patient safety, cost consumption, and organizational responsibility. An organizational strategy that revolves around a constant and gradual risk management process is an important factor in clinical governance which focuses on the safety of patients, operators, and organizations.

Keywords: risk management; clinical risk; welfare; patient; safety (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2020
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