Running Head: RISK MANAGEMENT ANALYSIS 1 RISK MANAGEMENT ANALYSIS 2 RISK MANAGEMENT ANALYSIS Strayer University HAS 515 Dr. Chad Moretz 05/09/2020 Risk management analysis Introduction Patients experiencing falls while in a health care setting are largely preventable risks, and many health care facilities have implemented compliance and risk management plan to minimize the chance of a fall occurring by any hospitalized individual. Compliance and risk management plans are implemented to prevent an occurrence of something that has identified precursors and can be avoided in most cases if they are adhered and implemented. This paper will identify a particular institution's fall risk management plan and compare it with the corresponding risk management plan of a federal institution intended to provide plans to hospitals and facilities nationwide to continue to provide evidence-based practices in prevention of patient falls. This institution, Hahnemann University Hospital, will present as an institution that follows the federal regulations and standards in regards to fall prevention risk management, as their plan closely resembles that of a nationwide accrediting agency's standards and more. The risk management plan chosen is the Falls Prevention and Resource plan from Hahnemann University Hospital. This plan is lengthy and very considerate of the federal and state mandates about this aspect of health care risk management. It includes the purpose of the plan, definitions and risk factors to falls, followed by the policy of the hospital and the procedures in regards to prevention, actions in the case of a fall, and the post-fall care of the patient, as well as who to notify and who to send reports of the fall to (Hahnemann University Hospital, 2013). This facility is a large hospital with over 400 patient beds, numerous staff, and serves a large population of younger adults due to its university affiliation. The purpose of risk management in a hospital setting is to set standards for all employees to work by and to educate the employees on patient safety policies and procedures if patient safety is not maintained. “Fall related injuries occur in 15% to 50% of the patients, including major injuries such as fractures or lacerations in 1% to 10%” (Schwendimann, Buhler, et al.) Falls are a nearly entirely preventable issue in all hospitals that cause a huge liability risk for hospitals, as well as injury and suffering for the patients who experience falls while being admitted in hospitals worldwide. One thing that not many have implemented is asking the staff what their current knowledge of fall risk and importance of preventing falls is. Although the Hahnemann University Hospital’s fall risk prevention plan meets all local, state, and federal guidelines, adding additional measures to prevent falls would further decrease the occurrence. According to Elderly Falls Prevention Legislation and Statutes, 2018, is planned for the fa.