Risk Assessment Round-Up: 5 Common Concerns

Physician counting to fiveWhen it comes to managing your practice risk, studies and anecdotes only go so far. That’s why ISMIE offers all policyholders an on-site risk assessment that focuses on potential litigation factors and much more. 

In 2018, nearly 3,500 ISMIE policyholders took us up on our offer to come to their practice and “pop the hood” on their risk management principles. The risk assessment focuses on principles of good risk management and evaluates how well your practice or facility is addressing potential litigation landmines. During our visits, we see a lot of common issues that could lead to greater risk exposure.

Here are the top five problem sources we routinely spot:

  • Transitions of care – These high-risk areas continue to be problematic, especially when involving a facility transfer or discharge. 
  • Informed consent and patient education – Documentation of these critical areas remains an issue. In particular, clear documentation of patient understanding of risks and instructions is often found to be lacking. 
  • Controlled substance prescribing practices – Usage of controlled substance/pain management agreements is not consistent. 
  • Electronic medical records – Issues related to copying and pasting of clinical notes, use of pre-populated templates and other general documentation inaccuracies continue to present problems. 
  • Burnout – Poorly designed systems and protocols can be a significant contributing factor to health professionals’ burnout.

Click here to learn more about ISMIE risk assessments or contact the ISMIE risk management team any time by emailor phone at 800-782-4767 ext. 3300.