There is still conflict between the legal, moral, religious, and personal values regarding this subject. The subject is complicated and has many implications for health providers throughout the continuum. Brown, Charles H . Risk management involves techniques to manage and control the risks that are associated with providing goods or services to consumers. Risk management can be associated with medical malpractice or liability issues.
Risk management involves proactive management rather than reactive.
It is important to identify and correct any practices that could lead to malpractice or liability claims. In addition, it is important to identify and correct factors that could contribute to a crisis or loss and to reduce effects of unavoidable losses. Risk management practices can be coordinated with quality assurance measures in long term care facilities. Risk management is especially critical in the delivery of medications to long term care residents. The authors of this article discuss how risk management techniques could prevent potential problems resulting from the use of oral anticoagulants, such as warfarin.