Risk management can be considered the identification, assessment and prioritization of risks followed by coordinated application of resources to minimize, monitor and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
The strategies to manage risk include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk and accepting some or all of the consequences of a particular risk.A dentists can do a lot to reduce or eliminate all types of risks. In addition to maintaining a level of care that meets the standards of other dentists in the community through the process of quality assurance, a process known as risk management is currently available to assist the practicing dentist in achieving these goals.
