Director of Risk Management

Job Description

The Director of Risk Management is responsible for developing, implementing, and maintaining comprehensive risk management programs to ensure the safety and well-being of patients, visitors, and staff. This role focuses on identifying, assessing, and mitigating risks, ensuring regulatory compliance, and promoting a culture of safety throughout the facility. The Director collaborates with hospital leadership, department heads, and legal counsel to proactively manage risk and patient safety initiatives.

Essential Functions

• Directs and manages the facility’s risk management program, identifying and evaluating risks associated with patient care and service delivery.
• Develops, implements, and updates policies and procedures to promote a safe environment and comply with regulatory requirements.
• Leads patient safety initiatives, including root cause analyses, Failure Modes and Effects Analysis (FMEA), and other quality improvement efforts.
• Provides education and guidance to departments on risk management practices, incident reporting, and corrective actions to mitigate risk.
• Manages claims and litigation processes, coordinating with legal counsel and maintaining detailed documentation.
• Develops and presents reports to administration, Governing Board, and relevant committees regarding real and potential risk issues.
• Ensures accurate management and review of occurrence reporting systems, analyzing data to identify trends and implement improvement strategies.
• Oversees departmental budget and resources, maintaining fiscal accountability and aligning goals with the hospital's mission and objectives.
• Performs other duties as assigned.
• Complies with all policies and standards.

Qualifications

• Education:
  • Bachelor’s degree in Healthcare Administration, Nursing, Risk Management, or a related field (required)
  • Master’s degree (preferred)
• Experience:
  • 5–7 years of experience in risk management or patient safety (required)
  • 1–3 years of leadership experience (required)

Knowledge, Skills and Abilities

• In-depth knowledge of risk management principles, patient safety practices, and regulatory requirements.
• Strong analytical and problem-solving skills to assess risk and develop effective mitigation strategies.
• Excellent verbal and written communication skills for reporting and presenting to various stakeholders.
• Proficient in Google Suite and risk management software applications.
• Ability to work collaboratively across departments and manage complex situations with discretion.

Licenses and Certifications

1. Preferred:
   • RN - Registered Nurse - State Licensure and/or Compact State Licensure preferred
   • CPHRM - Certified Professional in Healthcare Risk Management preferred

What we Offer:

• Competitive Pay
• Medical, Dental, Vision, & Life Insurance
• Generous Paid Time Off (PTO)
• Extended Illness Bank (EIB)
• Matching 401(k)
• Opportunities for Career Advancement
• Rewards and Recognition Programs
• Additional Discounts and Perks*

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