Director of Risk Management (Healthcare)

Overview

The Director of Risk Management in the healthcare sector plays a pivotal role in safeguarding an organization's assets, personnel, and patients by identifying, assessing, and mitigating risks. This position is crucial for ensuring that healthcare delivery meets all regulatory standards while also maintaining a safe environment for patients and staff. The Director collaborates with various departments to establish risk management protocols, foster a culture of safety, and implement strategies to reduce liabilities associated with healthcare delivery. With the increasing complexities in healthcare regulations and standards, this role demands a proactive approach to risk mitigation and continuous monitoring. By proactively identifying potential risks and developing comprehensive plans to address them, the Director of Risk Management ensures that the organization can focus on providing high-quality patient care while minimizing legal exposures and financial losses.

Skills and Certifications [note: bold skills and certification are required]

Certified Professional in Healthcare Risk Management of

Certified Professional in Healthcare Quality

Full-time

Benefits - Full

Relocation Assistance Available - Yes

Possible Sign on Bonus

Key Responsibilities

• Develop and implement the organization's risk management policies and procedures.
• Conduct regular risk assessments to identify potential liabilities and hazards.
• Monitor compliance with all regulatory requirements and internal policies.
• Lead the development of training programs on risk management for staff.
• Engage with clinical and administrative teams to collaborate on risk mitigation strategies.
• Analyze data related to incidents and claims to identify trends and areas of concern.
• Coordinate the response to risk-related incidents, including investigations and reporting.
• Act as the primary liaison with legal counsel and insurance providers.
• Prepare and present risk reports to senior management and board of directors.
• Facilitate risk management committee meetings and discussions.
• Stay informed of changes in legislation and regulations affecting healthcare risk management.
• Promote a culture of safety and compliance within the organization.
• Develop and manage the risk management budget effectively.
• Oversee the purchasing of insurance and evaluate coverage options.
• Provide guidance regarding patient safety initiatives and performance improvement strategies.
  
  

Required Qualifications

• Master's degree in healthcare administration, business, or a related field.
• Minimum of 8 years of experience in risk management within a healthcare setting.
• Proven track record of leadership in risk assessment and management.
• Strong understanding of healthcare regulations and standards (e.g., HIPAA, OSHA).
• Certifications in risk management (e.g., Certified Risk Manager, Certified Professional in Healthcare Risk Management) are required.
• Exceptional analytical skills and attention to detail.
• Demonstrated ability to communicate complex information clearly.
• Experience in developing and implementing training programs for staff.
• Ability to work collaboratively across departments and with diverse stakeholders.
• High-level problem-solving and crisis management skills.
• Knowledge of quality improvement methodologies in healthcare.
• Proficiency in risk management software and data analysis tools.
• Strong project management capabilities.
• Ability to lead and motivate a team effectively.
• Commitment to continuous professional development in the field of risk management.
• Experience in budget management and financial oversight related to risk management.
  
  

Skills: certified professional in healthcare quality,strategic planning,crisis management,compliance monitoring,risk management,stakeholder engagement,training program development,regulatory compliance,leadership,policy development,collaboration,project management,data analysis,communication skills,risk assessment,certified professional in healthcare risk management,problem-solving