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    Regulatory pressures and risk management system

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    While I am working on my business plan for the new 8 bed psychiatric unit in the hospital I need to know what "regulatory pressures" and "risk management system" is and how to incorporate these into my business plan.

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    Regulatory Pressure: Regulatory pressure relates to the pressure placed on the institution to comply with the overwhelming amount of regulations that encompass every aspect of the healthcare business, from how the institution deals with its vendors to how it regulates its OSHA standards to compliance with the state's radiation safety regulations (it's all encompassing). Regulatory compliance is generally the subject of multiple inspections of the various departments/units throughout the institution and ...

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    Regulatory pressures and risk management system: business plan for 8 bed hospital