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NTERPRISE RISK MANAGEMENT

American Society for Healthcare Risk MANAGEMENT , 2014 enterprise RISK MANAGEMENT : A FRAMEWORK FOR SUCCESS Lead Author: Roberta L. Carroll, RN, ARM, MBA, CPCU, CPHQ, CPHRM, HEM, DFASHRM, LHRM Contributors: Michelle Hoppes, RN, MS, AHRMQR, DFASHRM Sheila Hagg-Rickert, JD, MHA, MBA, CPCU, DFASHRM Barbara J. Youngberg, BSN, MSW, JD Barbara A. McCarthy, RN, MPH, CIC, CPHQ, CPHRM, FASHRM Denise Shope, BSN, RN, MHSA, ARM, FASHRM Teresa Kielhorn, JD, LLM Jeffrey Driver, JD, MBA, DFASHRM enterprise Risk MANAGEMENT : A Framework for Success ASHRM 2014 2 | P a g e Table of Contents Page 3 FRAMEWORK .. 3 GUIDING PRINCIPLES .. 4 GOVERNANCE .. 5 ERM 8 RISK & OPPORTUNITY IDENTIFICATION .. 8 RISK EVALUATION & ASSESSMENT .. 11 STRATEGIC RISK RESPONSE .. 16 REVIEW / EVALUATE / MONTIOR .. 18 CONCLUSION .. 19 END NOTES .. 20 enterprise Risk MANAGEMENT : A Framework for Success ASHRM 2014 3 | P a g e Abstract: Healthcare organizations have made significant strides in developing enterprise Risk MANAGEMENT (ERM) programs, but there is still much work to be done.

The advancement of healthcare Enterprise Risk Management is a key initiative in ASHRM’s Strategic Plan for 2014-2015. The implementation and maturity of ERM programs in healthcare organizations—while

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  Management, Risks, Enterprise, Risk management, Plan, Enterprise risk management

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