Navigating Uncertainty: How Enterprise Risk Management Is Changing Healthcare

May 12, 2023
2 Minute Read

In today’s uncertain and highly regulated healthcare environment, integrated health systems, hospitals, provider groups and payers are increasingly moving to online and digital business models. This transition can increase cost-effectiveness and efficiency, but it also invites more risk, as third-party vendors and payment platforms gain access to sensitive data. This can expose these organizations to legal compliance challenges, operational disruptions and security breaches. These kinds of issues can invite sanctions and fines, enforceable by the federal government.

As a result, many healthcare organizations are taking a more critical look at their operational risks and implementing stronger enterprise risk management strategies.

Healthcare Risk Transformation & Enterprise Risk Management (ERM)

Todd Gower and Augustine Doe of RGP Healthcare recently presented a webinar discussing the various strategies in successfully mitigating and assessing risks, as well as ways clients are addressing complex risk transformation initiatives.

These strategies are helpful in any payer, provider, or life sciences setting. Watch the webinar to learn how organizations are tackling their complex risk transformation initiatives as real-life examples and client success stories are shared.

Watch the replay for useful information such as beginning and sustaining ERM, compliance and risk management effectiveness, what to consider in risk maturity and models, and how to develop compliance program effectiveness, as well as risk management strategies for expansion.

The webinar provides real-life examples and shares case studies on how clients successfully tackled their complex risk transformation initiatives as well as other relevant topics, including:

  • Risk Management Implementation and ERM Dos & Don’ts
  • What Is Risk Transformation? Do I Need it?
  • The 8-Step Process to Develop a Strategic Risk Management Roadmap
  • Effective Ways to Start and Sustain Your Risk Management Program
  • Staffing Needs to Support Proactive Risk Management

Watch the webinar replay »

RGP’s Healthcare Team can help you learn how healthcare organizations are implementing enterprise risk management strategies, mitigating third-party operational risks, and how to develop better execution traction and improved performance.

Want more info? Just ask: partner@rgphealthcare.com

Meet Our Presenters

Augustine Doe, JD, Vice President, Healthcare
Augustine leads various solutions at RGP, inclusive of: strategy execution accelerator solution for private equity clients; opioid stewardship program for healthcare providers, dispensers, marketers, and distributors; ERM solution, HIPAA/HITECH, and GLBA compliance programs for regulated clients. He has over 20 years of experience developing proactive ERM programs and is an active member of COSO.

 

Todd Gower, CRISC, Vice President, Healthcare

Todd is an experienced executive in the delivery of healthcare transformational services. He has over 30 years of hands-on and practical leadership experience across multiple industries. Todd is responsible for developing RGP’s healthcare risk transformation practice and delivery capabilities to assist our clients in properly identifying and managing their risks through delivery of robust governance and operational efficiency and effectiveness.

 

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