I need Help to create an annotated bibliography this is based on the concept map I will also be attaching the concept map here is the requirement This assignment is listed on the syllabus as "Final

IT835 Enterprise Risk Management

Enterprise risk management

Institutional strategic management

Compliance and auditing

Metrics definition for monitoring

Risk owner definition

Identification and technical analysis

Results

Variability analysis of acceptable revenue range

Cash flow structuring and flexibility

Economic analysis

Cost distribution among mapped activities

Variability analysis of critical activity costs regarding identified critical risk events

Identification of critical process higher variability

CFaR Measurement

Process and activity mapping of macro process associated with interrelationship identification

Identifying macro processes where medical care is seen as focal area

Identification and classification of risk events established of its relationship to activities

Ranking from analysis of bottleneck activity

Critical risks II identification economic impact

Critical risk I identification impact at process bottlenecks.

Operational management process

Costs

treatment

Action plan transcription and results diffusion :Education

Budget analysis for all action plans

Development of short term action plan followed by, medium and long term action plan

Definition of service levels between process and ERM

monitoring

We are able to see the connection between ERM and strategic management, this can take advantage of the operational information from the model in order to guide the efforts for improvements. Trotta et al.(2013) emphasized this through the construction of balance score card in order to evaluate performance of the educational programs in the hospitals.

For the aspect of technical analysis of risk we can refer to suggestion from Gallagher,et al.(2006) management of risks through targeting the good management in value. The picture of the healthcare basing on the how health care organization functions by projecting it in accordance to tasks besides the function and interaction among it.

Economic risk analysis assessment for the implementation ERM which transmits in configuration of the contact among the safety value established of advantage for the risk management over cost for administration (Brashear, Troyer, & Green, 2005).In the search for transparency for financial provides the justification by use of ERM encouraging best conduct charges and proceeds.

The requirement for health care institutions is seeking value from the quality assurance that is clear for both literature and for interviews. This is justification for establishing the ERM model which integrates technical and the economic management of health processes.ERM is applied across the board and subjected to strategic positioning of organization and autonomy to manage basis of process, providing information for corporate governance. The opportunities and gaps are identified proactively and multiple disciplines and the interrelationships which are involved in routine health care organization which are taken into account.

References

Gallagher T, Brundage A. Sammy K. Bommarito A. and Dunagan,L. (2006). National Surveying: Risk management attitude besides experience concerning the safety of patient and disclosure of the error. Journal Health threat administration.

Troyer Brashear and Green K. (2005).Management of corporate domination risk for non-profit healthcare organization Periodical for health risks managing.

Trotta,A CardamoneG.Gavallaro and Mauro M.(2013).Applying Balance Score card approach in teaching hospitals: Literature review of conceptual framework The international journal of health planning and management.