Risk Management for Small Medical and Allied Health Practices
Risk is a fact of life in business. There are basic risks that apply to every business, but certain industries face unique risks in their field. Doctors, medical labs, and other healthcare providers, for example, face risks similar to other businesses that compile comprehensive personal and sensitive information. But there is an added level of importance when your work can impact a person’s health and possibly even their life. That’s why healthcare providers must comply with a large number of federal and state regulations.