ROI for Patient Safety: Demonstrating the Value of Risk Management

Enrollment Information:
This enrollment will expire September 30, 2019.
You must complete all course requirements (including claiming CEs) and save/print the completion certificate by September 30, 2019.


In today’s changing healthcare environment there is an overwhelming need to demonstrate the value creation that enterprise risk management can bring to healthcare. For risk managers, it is no longer just about reacting to identified adverse clinical events but rather focusing on those competencies needed to play a significant role in proactively decreasing risk and being part of the healthcare decision making process. Patient safety can and should be a significant focus of these efforts not only for the benefit of the patients and their families but also for the financial difference it can make to the organization. Being prepared to demonstrate through appropriate metrics and analysis how patient safety initiatives can create value and provide a significant return on investment for the organization can enhance the importance and role of today’s risk manager. This program is designed to provide the risk manager with concepts and ideas on how they can promote patient safety with the appropriate metrics and analysis to demonstrate its value to healthcare and show that patient safety does make “cents.”


Learning Objectives:
By the end of this webinar-based self-study you should be able to:

  •  List 3 core competencies needed by today’s successful healthcare risk manager.
  • Describe the main factors that have caused the transition from volume to value in healthcare
  • Provide 3 data sources that you may be able to use to support the value of patient safety initiatives in your organization.


Level of Learning:


Domain of Practice:
Clinical Risk Management/Patient Safety




Criteria for Successful Completion:
To receive continuing nursing education contact hours, participants must achieve 80% on the post-test and complete an evaluation at its conclusion.


Continuing Education:
This program is approved contact hours toward the fulfillment of the requirements of ASHRM designations of FASHRM (Fellow) and DFASHRM (Distinguished Fellow) and toward CPHRM (Certified Professional in Healthcare Risk Management) renewal. CE credit may be used toward CPHRM renewal only by those holding the credential at the time of the program.

American Society for Healthcare Risk Management is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission on Accreditation.

Contact Hours: 1.0 hour
Passing Score: 80%


Conflict of Interest Statement:
As required by the American Nurses Credentialing Center’s Commission on Accreditation, we would like to make you aware of all potential conflicts of interest.

This educational activity’s planners and presenters have indicated that they have no bias or conflict of interest.


Commercial Support:
There is no sponsorship for this event.


Date Published: October 2016
Date to be Reviewed:  Q1 2020
Date of Contact Hour Expiration:  Q4 2019

Credit Information

Activity Number Credit Amount Accreditation Period
ASHRM & ANCC 1 hour January 01, 2019 - December 31, 2019