What is the practice of assessing the risks of actions taken and minimizing potential risks called?

The practice of assessing the risks associated with actions taken and minimizing potential risks is known as risk management. This involves identifying potential hazards, evaluating the likelihood and impact of those risks, and implementing strategies to reduce or eliminate them. In a healthcare setting, risk management is crucial for ensuring patient safety, protecting staff, and maintaining the integrity of the institution.

Through effective risk management practices, healthcare professionals can proactively address issues before they escalate into more significant problems. This includes developing protocols and procedures designed to mitigate risks, educating staff about safety practices, and continually monitoring for new risks.

The other options pertain to different aspects of healthcare and legal practices. Professional liability refers to the legal responsibility that healthcare providers have for their actions and decisions in the course of providing care. Legal compliance involves adhering to laws and regulations governing medical practice. Operational safety focuses specifically on the safety of day-to-day operations but does not encompass the comprehensive risk assessment and management process that is central to risk management.