Life Science: Secure reasons for decisions
The life science sector has been subjected to drastic changes in recent years and the framework conditions are still changing rapidly. Demographic change, new players on the market, the increased sensitivity of patients, improved legal frameworks for patients and continually dynamic regulation initiatives are just some of the challenges facing life science companies.
Add to this the fact that the sector is subjected to ongoing cost and innovation pressure. At the same time there are attractive growth opportunities because of research and innovation strength as well as expansion potential in emerging economies. This means that vital decisions for the future need to be made at increasingly short intervals.
In order to ensure profitability and sustainable growth in these highly innovative surroundings it is necessary to place the highest requirements on the evaluation of companies and technologies as well as on secure reasons for decisions and IT systems. We will support you on this with our many years of experience and our competence in complex evaluation issues, internal and external audits and in the sector of cyber assurance and IT compliance.
Health Care: Controlling and monitoring risks
The competitive realignment of the hospitals requires a fundamental change from administration to management and is one of the biggest challenges for all managers. Clinics that operate active risk management have proven market advantages. Forward-looking control of risks and opportunities decide whether a hospital belongs to the winners or losers in the market consolidation. High result and process quality and - from the point of view of the patients - personal attention and noticeable service quality are the decisive goal parameters. The active management of medical quality, duration, services, yields and costs is increasingly becoming the strategic success factor.
Establishment of effective internal auditing plays a vital role in securing and improving the most important processes at the hospital. Internal auditing as an instrument of company management aims to monitor and improve the processes, their controls and the risk management system. It is also an important foundation in the avoidance of undesired liability consequences for the management and monitoring organs at the clinic legislation and jurisdiction expressly emphasise the importance of risk management and risk controlling and their effective monitoring by the internal audit.
We show you strategies how a comprehensive, holistic risk management system can be developed and monitored in order to effectively support achievement of the objectives and to ensure the demanding legal requirements from your corporate governance.
We have certified risk managers at the hospital in accordance with the DKI (German hospitals institute) in the following areas:
- Organisation of risk management in the hospital
- Legal structuring of risk management at the hospital
- Economic risk and opportunity management at the hospital
- Introduction and optimisation of the instruments of clinical risk management at the hospital
- Professional damage management and handling of incidents
- 3Be system and CIRS/introduction and implementation of a reporting, processing and resolution system for near miss incidents and errors
- Process-oriented risk analysis (PORA)
- Risk inventory and risk portfolio
- Medical product manufacturers
- Diagnostics firms
- Pharmaceuticals wholesaler
- Logistics entrepreneurs
- Venture capital/private equity/investors
- Pharmaceuticals suppliers
- Start-up companies
- Ministries, academic research facilities
In the healthcare sector we advise various clinics and maximum treatment hospitals, particularly in the GRC area:
- governance, risk and compliance
Whenever teamwork is required
For certain sectors or tasks we work with the specialised and renowned experts. For example in the evaluation of projects, products or strategies with Villinger Valuation, Basel, www.villigervaluation.com