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Hospital Risk Manager Jobs in Memphis, TN (NOW HIRING)

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$46K

$99.6K

$151.7K

How much do hospital risk manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for hospital risk manager in Memphis, TN is $99,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,300.00 and $115,100.00 per year, depending on experience, location, and employer.

What is a hospital risk manager?

Hospital risk managers are professionals responsible for identifying, assessing, and minimizing risks within healthcare facilities to ensure patient safety and protect the hospital from legal and financial liabilities. They analyze incidents, develop policies and procedures, conduct staff training, and collaborate with other departments to address potential risks. Their work helps maintain compliance with regulations, improve patient care quality, and reduce the likelihood of lawsuits or costly errors.

What are some common challenges faced by hospital risk managers?

Hospital Risk Managers often face the challenge of balancing regulatory compliance with patient care needs. They must stay updated on constantly changing healthcare laws and accreditation standards, while also working with clinical and administrative teams to identify and mitigate risks. Coordinating incident investigations and implementing effective risk-reduction strategies requires strong communication and analytical skills. Additionally, managing multiple priorities such as data analysis, staff training, and reporting can be demanding, but these tasks are crucial to maintaining a safe hospital environment.

What are the key skills and qualifications needed to thrive as a hospital risk manager?

To thrive as a Hospital Risk Manager, you need a solid understanding of healthcare regulations, risk assessment, and compliance, typically supported by a degree in healthcare administration or a related field and relevant experience. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These competencies are essential for identifying potential risks, ensuring regulatory compliance, and promoting patient and staff safety in a complex healthcare environment.

What is the difference between Hospital Risk Manager vs Hospital Safety Coordinator?

AspectHospital Risk ManagerHospital Safety Coordinator
CertificationsRisk Management Certification, CPR, OSHA trainingOSHA training, Safety certifications
Work EnvironmentAdministrative, strategic planning, policy developmentOn-site safety inspections, staff training
Employer & Industry UsageHospitals, healthcare organizationsHospitals, clinics, healthcare facilities

The Hospital Risk Manager focuses on identifying and mitigating risks across the hospital, including legal and financial risks, while the Hospital Safety Coordinator concentrates on maintaining a safe environment through inspections and safety protocols. Both roles require safety-related certifications and work within healthcare settings, but their primary responsibilities differ in scope and focus.

How to become a hospital risk manager?

To become a hospital risk manager, individuals typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Many employers prefer candidates with professional certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). Developing skills in risk assessment, compliance, and incident investigation is also important for success in this role.

Is healthcare risk management a good career?

Hospital risk managers play a vital role in identifying and reducing risks within healthcare facilities, ensuring patient safety and compliance with regulations. The field offers opportunities for advancement, requires strong analytical and communication skills, and often involves certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). It is considered a stable and growing career path in healthcare administration.

What does a hospital risk manager do for a hospital?

A hospital risk manager is responsible for identifying, assessing, and minimizing risks to patient safety, staff, and the organization. They develop safety protocols, investigate incidents, ensure compliance with regulations, and implement strategies to reduce liability and improve overall healthcare quality.

What job categories do people searching Hospital Risk Manager jobs in Memphis, TN look for?

The top searched job categories for Hospital Risk Manager jobs in Memphis, TN are:

Hospital Risk Manager jobs near you
Infographic showing various Hospital Risk Manager job openings in Memphis, TN as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $99,570 per year, or $47.9 per hour.

Nursing Manager (RN) - Case Management

Tenet Health

Memphis, TN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago

Tenet Healthcare rating

6.2

Company rating: 6.2 out of 10

Based on 352 frontline employees who took The Breakroom Quiz

701st of 887 rated healthcare providers

Job description

The individual in this position is responsible to facilitate care along a continuum through effective resource coordination to help patients achieve optimal health, access to care and appropriate utilization of resources, balanced with the patient's resources and right to self-determination. The individual in this position has overall responsibility to ensure that care is provided at the appropriate level of care based on medical necessity and assess the patient for transition needs to promote timely throughput, safe discharge and prevent avoidable readmissions.

Join our dedicated healthcare team where compassion meets innovation! As a Registered Nurse with us, you'll have the opportunity to make a meaningful impact in patients' lives while enjoying a supportive work environment that fosters professional growth and work-life balance. Ready to be a vital part of our mission? Apply today and bring your passion for nursing to a place where it truly matters!

At Saint Francis Hospital, we understand that our greatest asset is our dedicated team of professionals. That’s why we offer more than a job – we provide a comprehensive benefit package that prioritizes your health, professional development, and work-life balance. The available plans and programs include:

  • Medical, dental, vision, and life insurance
  • 401(k) retirement savings plan with employer match
  • Generous paid time off
  • Career development and continuing education opportunities
  • Health savings accounts, healthcare & dependent flexible spending accounts
  • Employee Assistance program, Employee discount program
  • Voluntary benefits include pet insurance, legal insurance, accident and critical illness insurance, long term care, elder & childcare, auto & home insurance

Note: Eligibility for benefits may vary by location and is determined by employment status

Saint Francis Hospital-Memphis is a 479-bed full-service hospital located at 5959 Park Avenue in Memphis, TN.Offering a wide array of medical services, Saint Francis is noted for its many Centers of Excellence, including its Center for Surgical Weight Loss, Joint & Spine Center, Heart & Vascular Center, Chest Pain Emergency Center, and Surgical Services including its Center for Robotic Surgery, Diabetes Center, and Cancer Center.The hospital has been recognized for excellence of care by United Healthcare, CIGNA, Blue Cross/Blue Shield, and Aetna. Saint Francis Hospital serves as an academic training site for University of Tennessee Surgical, Family Practice, and Psychiatric Residents. The hospital is accredited by the Joint Commission on the Accreditation of Healthcare Organizations, the nations oldest and largest hospital accreditation agency. At Saint Francis Healthcare, you can grow your career skills and be a vital member of our team where we strive to be No. 1 in quality, safety and service excellence. Join our team!

  • Required:
    • Education: Graduate of an accredited school of nursing
    • Experience: 2 years of acute hospital case management or healthcare experience.
    • Licensure/Certification:
      • Must be currently licensed, certified or registered to practice profession as required by law or regulation in state of practice or policy.
      • Active RN license for state(s) covered.
  • Preferred:
    • Education: Academic degree in nursing (bachelor's or master's)
    • Experience: 5 years of acute hospital case management leadership experience
    • Licensure/Certification: Accredited Case Manager (ACM)
  • Balances clinical and financial requirements and resources in advocating for patient needs with judicious resource management
  • Promotes prudent utilization of all resources (fiscal, human, environmental, equipment and services) by evaluating resources available to the patient and balancing cost and quality to assure optimal clinical and financial outcomes
  • Integrates key elements of patient assessment, patient choice and available resources to develop and implement a successful transition plan
  • Identifies patients at risk for readmission and applies appropriate intervention including risk assessment and referral to Social Work (SW) and/or Complex Case Review
  • Screens patients for factors that may affect the progression of care and intervenes as needed to promote timely and appropriate throughput
  • Performs related duties as required

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