A dynamic and live Risk Register is the centre piece of the Xyea governance, risk & compliance system. Local clinical and service-based risk are recorded, rated & reviewed as well as risks in governance and management, staffing & recruitment, health & safety, challenging behaviour, restrictive practice, infection control, new services, finance, etc.
The risk system is live and always up-to-date with alerts ensuring that you are kept informed of emerging issues at the local or corporate level.
Each risk has an owner, is rated individually with impact & consequences identified in service, business and financial terms.
The effectiveness of the controls in place to manage your risk is key to minimizing the impact and cost and as a consequence your insurance rates.