Acceptable Risk – Easy to talk about, but no one knows what it means

risk

Standards about risk management always talk about “acceptable risk.” This is a qualitative term. Unfortunately, for much of healthcare there is no matching quantitative assessment or goal. Consider two examples.

Statement

Because

Precision is acceptable

CV is 8% and goal is 10%

Residual risk is acceptable

?

 

 

It is possible to estimate the probability of a severe adverse event and to have an associated goal for such a probability but no one in healthcare does this. So one will see things like, “with this mitigation we have reduced the risk of the adverse event to an acceptable level” but the reality is no one knows what this really means.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: