Article – “Nightmare bacteria,” shrugging off antibiotics, on rise in U.S. – What Is Your Risk Appetite / Risk Tolerance?

A potentially scary topic to be sure – article discussing deadly bacteria resistant to antibiotics on the rise in hospitals, Click Here For Article.

What are your risk appetites and risk tolerances for this? Here is a link to a discussion by Norman Marks about risk appetite and risk tolerance, Click Here For Article. I assume that your tolerances aren’t very high.

But also compare the likelihood of occurrence in various different settings and over different patient groups, the seriousness of an occurrence in various different settings and over different patient groups, the effectiveness of treatments available if an occurrence happens and the likely timely awareness of the occurrence, the current safety processes in place, the additional safety processes possible, the likely effectiveness of the additional safety processes possible, and the costs and trade-offs for all of the above. In many or most situations it is seldom or seldom practical that all risks or the possibilities of all risks can be absolutely eliminated.

Just food for critical thought on topics that relate to legal, risk and governance topics.

Dave Tate, Esq. (San Francisco)

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