Risk Management is an essential component of every healthcare organization. It is another component of the healthcare system that requires collaboration with the Quality Director/Manager in order to facilitate the identification of opportunities for improvement. The key is to proactively identify potential areas of concern (Failure Modes Affect Analysis is a helpful tool) prior to a negative event occurring. rather than waiting for something to occur and having to conduct a Root cause Analysis (RCA)> Additionally, It is a very litigious society in which healthcare related errors present a high-risk for exposure.