risk assessment

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risk assessment

Social medicine
As refers to patient care in the UK, the evaluation of the risks to a person’s health based on his or her needs for living independently, weighed against the likely outcome for the individual, his or her carers or staff, and society, if assistance is not provided.

risk assessment

Managed care An activity that IDs risks and estimates their probability and the impact of their occurrence; RA is integral to system development as a means of estimating damage, loss, or harm that could result from a failure to develop individual system components. See Dose response assessment, Hazard identification, Risk characterization Toxicology The process by which new chemical substances are evaluated for their potential impact on human health, a process that entails determining its toxicity and number of people exposed to it. See Ames test, Morbidity, Toxicity testing.

risk as·sess·ment

(risk ă-ses'mĕnt)
Analysis of risks involved prior to action being taken.

risk assessment

A study of a patient, taking into account all known relevant factors, done for the purpose of trying to determine the probability that that person will develop a particular disease or, if the disease is already present, the probability that the person will suffer exacerbation of it or death from it.

risk as·sess·ment

(risk ă-ses'mĕnt)
Determination of possible future disease by identifying risk factors in comparison with possible protective factors.
References in periodicals archive ?
Note: In February 2017, CalPERS revised the Funding Risk Mitigation Policy and suspended policy implementation until fiscal year 2020-21.
Clark and OConnor used a Milliman PPACA model to analyze how the risk mitigation programs might behave in 6 different scenarios.
"Hagen's methods include regulatory costs and consequences," Breggar said, "but also the human resources and full-cycle costs of risk mitigation beyond any compliance issues."
Investors have benefited from our consolidated efforts on risk mitigation measures in compliance, operational, financial and strategic risk."
Access Assurance Suite version 8.0 not only helps management control access to data and provides the analytic and reporting capabilities, but also provides the remediation required to ensure a consistent risk mitigation strategy, the company said.
Around 45% of respondents identified failures in risk mitigations and these were down to three main reasons: the mitigations were insufficient to address the risk; the mitigations relied upon not operating as expected; or the mitigations did not operate quickly enough.
Users can configure tolerance levels to match their internal risk mitigation strategies and policies, avoiding long validation procedures, false negatives preventing access, or the need to carry additional hardware (such as tokens).
Leveraging the results of a thorough risk/vulnerability assessment, risk mitigation measures are implemented to reduce the likelihood or impact of an interruption.
The Risk and Fraud Management Committee monitors risk, fraud, and compliance-related issues in the industry and recommends best practices and other risk mitigation strategies, while promoting cooperation with various law enforcement bodies at the national and state levels.
* Tracking the status of risk mitigation implementation versus risk tracking
Millman concludes that what we may see not far off is a reduced demand for insurance amid more supply, as more companies look to various forms of self-insurance and risk mitigation. In the ever-changing world of risk management, that would represent another important cyclical change--though not necessarily a permanent one.
* Acxiom's Titan Risk Mitigation Database--As one of the largest data managers and data repositories, Acxiom is in a unique position when it comes to compiling data.