What field focuses on identifying, evaluating, and treating financial and clinical loss?

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The field that focuses on identifying, evaluating, and treating financial and clinical loss is Health and Human Services Risk Management. This area emphasizes the systematic approach to managing risks that can lead to adverse impacts on both patient care and financial performance within healthcare settings.

In this domain, professionals assess potential risks across various aspects of healthcare delivery, including clinical practices, regulatory compliance, and operational processes. They then implement strategies to mitigate those risks, which can include developing policies, training staff, and establishing protocols to ensure patient safety and reduce financial liabilities.

Understanding the implications of financial and clinical losses allows organizations to create a safer environment for patients while also protecting their financial resources. This proactive approach is essential in maintaining the sustainability of healthcare services while ensuring quality patient care.

The other fields mentioned, such as Health Policy, Clinical Risk Assessment, and Healthcare Economics, while relevant to different aspects of the healthcare system, do not specifically focus on the comprehensive management of risks that encompass both clinical and financial domains. Health Policy relates more broadly to regulations and governance, Clinical Risk Assessment focuses predominantly on evaluating potential clinical risks, and Healthcare Economics deals with financial aspects of healthcare at a macro level without the specific focus on risk management practices.

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