Healthcare risk management software offers hospitals the systems to protect themselves proactively and reactively. Because healthcare-specific solutions keep patients’ safety at the forefront, hospitals require healthcare-specific risk management software to mitigate administrative, clinical, and financial losses.
Healthcare risk management software influences how and how quickly hospitals respond to incidents. Risk managers are the end-users of healthcare risk management software, relying on it to implement risk management plans and programmes. Here, we will go over the best healthcare risk management software available for you!
Top 6 Healthcare Risk Management Software
- Resolver – The Best Healthcare Risk Management Software for Reports.
- SAS – The Best Healthcare Risk Management Software for Big Teams.
- MedTrainer – The Best Healthcare Risk Management Software for Learning
- CURA – The Best Healthcare Risk Management Software for Solutions.
- Compliancy Group HIPAA Compliance – The Best Healthcare Risk Management Software for Small/Medium Teams.
- Origami Risk Insurance and Risk Management Solutions – The Best Healthcare Risk Management Software for Insurance
1. Resolver – Best Healthcare Risk Management Software for Reports
PRICING – Price not provided by the vendor.
It’s impossible to predict when a risk will erupt and jeopardise the basis of your project, leaving you with nothing other than regret. Constructive planning is the only solution to this problem.
Resolver is one such tool focusing primarily on risk preparation and planning. It promotes early risk identification planning during the stages when project objectives and regulatory requirements are still being developed. Resolver provides a comprehensive suite of consolidated products tailored to organisations of all sizes and industries.
Key Features:
- Practical Assessment – Resolver Ballot enables a data-driven approach to risk assessment.
- Reporting Flexibility and Customisation – Visualise your security data, risk matrix summaries, trending threats in customisable reports, and heat maps that can be made available in spreadsheets and presentations.
Reasons To Buy
- Real-time access and insight – A centralised dashboard easily tracks total assigned, resolved, and unresolved risks.
- Incident Management – Establish links among risks associated with the external events originating from a third party.
- Prioritise Risk Analysis – Use risk-scoring techniques to rank each threat according to various attributes such as priority and degree of severity.
Reasons To Avoid
- There are no calendar or scheduling features.
2. SAS – The Best Healthcare Risk Management Software for Big Teams.
PRICING – The vendor provides no pricing.
SAS is one of the most creative pieces of software on this list. It is a fantastic piece of software that feels tailor-made for each manager who employs it. It was built on the idea that every company has its enemies, and the software must adapt to that scenario and handle the risks.
If you are a manager of a large team, this software will always make you feel as if it was custom made to meet your needs and requirements. One feature of this application is that users can be accessed from the cloud or a dedicated server.
Key Features
- Tracking of data and automated documentation
- A dashboard that is simple to use
Reasons To Buy
- Regulatory compliance reporting
- Tracking performance in real-time
Reasons To Avoid
- You cannot use all its functions unless you purchase a licence, which is very expensive. Because it is complete software in a closed environment, there is no facility for licencing any function you require.
3. MedTrainer – The Best Healthcare Risk Management Software for Learning
PRICING – £10/per month
MedTrainer is a learning, compliance, as well as credentialing software tool for the healthcare industry. With MedTrainer, you can find a solution for your ideal solution. Compliance insurance and risk management will be at the fingertips of healthcare organisations.
MedTrainer is used by doctors, administrators, or nurses from big cities to small towns to help them work together and efficiently in the workplace. Comply with all regulatory requirements by supplying resources, a process, and a mechanism for storing and retrieving critical information and documentation that prevents the need for binders and multiple systems/methods.
Key Features
- Retention and archiving
- Asynchronous Education
- Management of Audits
- Blended Education
Reasons To Buy
- Compliance Tracking
- Course Management
Reasons To Avoid
- Some features don’t always work.
4. CURA – The Best Healthcare Risk Management Software for Solutions
PRICING – £300/annual subscription
Some risks are relatively predictable, while others are hidden and reoccur. As a result, monitoring risks that keep resurfacing or ongoing should be an essential component of the risk management software you select.
CURA offers companies the expertise of supervising each risk based on its impact and probability. It provides project risk management, operational risks, and incident risk management solutions to various industries, including banks, healthcare, health insurers, utility firms, and telecommunications.
Key Features
- Risk Identification – users can identify risks or regulatory issues at any project stage, from start to finish. CURA’s project risk management is remarkably adaptable. You can associate risks with projects to ensure that vulnerability assessment is crucial for your decision-making process.
- Risk Monitoring – Project leaders can examine and oversee each member’s risk remediation performance and activity using the goals and objectives features.
Reasons To Buy
- Companies benefit from the fully customisable feature of risk reporting, which is aided by flexible dashboards.
- Reports can be created by users in the form of lists, tables, or even visually interactive graphs.
- All reports can be outsourced to a third party either through email, Word Docs, Spreadsheets, or PDF once created.
Reasons To Avoid
- Consulting/integration services of the highest quality.
5. Compliancy Group HIPAA Compliance – The Best Healthcare Risk Management Software for Small/Medium Teams.
PRICING – Not given by the vendor.
Compliancy Group was founded in 2005 to simplify compliance and let small and mid-size organisations Achieve, Illustrate, and MaintainTM regulation with confidence.
As former auditors and compliance experts, their partners recognised that the needs of medical professionals invested in keeping their organisations compliant with the full scope of regulations were not being met. As a result, they acted by developing a tool that was superior to other HIPAA compliance solutions.
Key Features
- Management of Compliance
- Tracking Compliance
- Management of Dashboard Data Security Documentation
Reasons To Buy
- Easy to use.
- Live chats.
Reasons To Avoid
- No free trial.
6. Origami Risk Insurance and Risk Management Solutions – The Best Healthcare Risk Management Software for Insurance.
PRICING – No price provided by the vendor.
Origami Risk is a highly customisable, integrated SaaS platform for managing insurance, risk, safety, and compliance. Origami Risk offers organisations a centralised system for automating critical workflows, collecting data, leveraging analytics, and engaging with stakeholders.
Policy administration, rating, or billing; claims administration; loss control; data analysis, dashboards, and reporting are all part of Origami’s P&C Insurance solution. In addition, origami’s Risk Management solution helps to integrate insurable and non-insurable risk data or automates risk, audit, compliance, and health and safety processes, giving you greater control, visibility, efficiency, and the ability to manage your entire risk environment proactively.
Key Features
- Provides integrated SaaS solutions that ease risks, insurance, compliance, and protection for improved insights and expanded possibilities
Reasons To Buy
- Many features to use.
Reasons To Avoid
- Hard to upload documents.
References and Links
- https://www.g2.com/products/origami-risk-insurance-and-risk-management-solutions/reviews#details
- https://www.ntaskmanager.com/blog/best-risk-management-software/#ntask
- https://www.javatpoint.com/advantages-and-disadvantages-of-sas
- https://www.capterra.com/p/33388/HIPAA-Compliance-Software/#reviews