Risk management is the practice of measuring risk and creating strategies to accomplish the risk. In ideal risk management, an arrangement process is shadowed whereby the risks with the maximum loss and extreme probability of happening are controlled first. However, the procedure can be hard, and maintaining between risks with high possibility of occurrence but lower loss and risks with high loss but lower possibility of occurrence can often be mismanaged. “Quality management is a systematic and continuous process that organizations use to deliver products and services that meet or exceed customer expectations. Quality management in healthcare has evolved over the year to address increased demands from consumers related to the quality of care and services, as well as to address problems in patients’ outcomes” (McLaughlin & Kaluzny, 2006). Jones Oliver Lim patient management services will evaluate and will provide an assessment of type of quality management in a Long-Term Care facility. The subject will evaluate and will deliver the explanation of quality care, and provide good strategic concepts of quality management. The subject will provide synopsis of long-term and short-term of a Long-Term Care facilities, and will provide an explanation of the external and internal factors that may influence these goals. This paper will also endorse this kind of quality management policy that will simplify the reaching of those goals. “Quality management is an organization-wide approach to understanding precisely what customers need and consistently delivering accurate solutions within budget, on time and with the minimum loss to society. Quality management will ensure the effective design of processes that verify customer needs, plan product life cycle and design, produce and deliver the product or service. This also incorporates measuring all process elements, the analysis of performance and the continual improvement of the
References: Advancing Excellence in America 's Nursing Homes. (2013). Retrieved from http://www.nhqualitycampaign.org/ Capitman, J., Leutz, N., Bishop, C., & Casler, R. (2013). Report for the National Commission for Quality for Quality Long-Term. Retrieved from http://www.newschool.edu/ltcc/pdf/txBackground03-10-05FINAL.pdf Institute of Medicine. (2013). Improving the Quality of Long-Term Care. Retrieved from http://www.iom.edu McLaughlin, C., & Kaluzny, A. (2006). Continous quality improvement in Health Care (3rd ed.). Sudbury, MA: Jones and Barlett. Quality First. (2013).Guidelines for Developing a Quality management system for Long-Term Care Provider. Retrieved from http://www.ahcancal.org/ncal/quality/documents/qf_qms_guidelines.pdf Quality control. (2013). Investopedia. Retrieved from http://www.ahcancal.org/ncal/quality/documents/qf_qms_guidelines.pdf What is Quality Improvement. (2013). Retrieved from http://www.hrsa.gov/healthit/toolbox/HealthITAdoptiontoolbox/QualityImprovement/whatisqi.html What is Quality Planning. (2013). Retrieved from http://www.businessdictionary.com/definition/quality-planning.html#ixzz2izAkH82e What is Quality management. (2013). Retrieved from http://www.thecqi.org/The-CQI/What-is-quality/