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Medical Risk Management Jobs in Illinois (NOW HIRING)

Bachelor's degree in Engineering or related field with 3+ years of progressive experience in medical device risk management or product development, including ownership of complex systems or programs.

Risk Analyst

Chicago, IL · On-site

$77K - $95K/yr

Apply knowledge of enterprise risk management principles and methodologies to aid business partners ... Our featured benefit offerings include medical, dental and vision coverage, employer paid short ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Excellent communication and stakeholder management * High attention to detail Salary Range: $80,800 ... welfare benefits (medical, dental, vision, spending accounts and disability), paid time off ...

Manage the daily calculation, issuance, and settlement of margin calls. * Ensure the accurate and ... full medical, dental and vision insurance. Our belief has always been that we are better as a ...

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Excellent communication and stakeholder management * High attention to detail Salary Range: $80,800 ... welfare benefits (medical, dental, vision, spending accounts and disability), paid time off ...

Support the Risk Management leadership team in executing strategic priorities, governance routines ... We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits ...

DV is looking for a Credit Risk Analyst to lead its counterparty and credit risk management ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care Options * Employer Paid Group ...

Support the Risk Management leadership team in executing strategic priorities, governance routines ... We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits ...

Showing results 41-60

Medical Risk Management information

What does a medical risk management do?

A medical risk management professional assesses and minimizes risks related to patient safety, legal compliance, and operational efficiency within healthcare settings. They analyze data, develop policies, and implement strategies to prevent medical errors and reduce liability, often working with healthcare providers and using tools like risk assessment software.

What is the difference between Medical Risk Management vs Medical Compliance Officer?

AspectMedical Risk ManagementMedical Compliance Officer
Primary FocusIdentifying and mitigating risks to improve patient safety and reduce liabilityEnsuring adherence to healthcare laws, regulations, and policies
CertificationsRisk management certifications (e.g., ARM, CRM), healthcare credentialsCompliance certifications (e.g., CHC, CHPC), healthcare background
Work EnvironmentHospitals, clinics, insurance companies, healthcare organizationsHealthcare facilities, regulatory agencies, healthcare organizations
Employer & Industry UsageUsed in healthcare risk assessment and safety programsUsed in regulatory compliance and policy enforcement

Medical Risk Management focuses on proactively reducing risks and enhancing patient safety, while Medical Compliance Officers ensure healthcare providers follow laws and regulations. Both roles require healthcare knowledge and certifications but serve different aspects of healthcare quality and safety.

How do you get a job in medical risk management at a hospital?

To pursue a career in medical risk management at a hospital, candidates typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Certifications such as the Certified Professional in Healthcare Risk Management (CPHRM) can enhance job prospects, and strong analytical, communication, and problem-solving skills are essential for success in this role.

How does a medical risk management professional typically collaborate with clinical teams to improve patient safety?

Medical Risk Management professionals regularly work alongside clinical teams to identify, assess, and mitigate potential risks that could impact patient safety. They participate in case reviews, facilitate root cause analyses after adverse events, and help develop protocols or training to prevent future incidents. Open communication and a collaborative approach are essential, as risk managers rely on clinical staff for insights and data, while providing guidance on compliance, regulatory requirements, and best practices in risk reduction.

Is healthcare risk management a good career?

Healthcare risk management is a growing field that involves identifying and reducing risks in medical settings to improve patient safety and compliance. It typically requires knowledge of healthcare regulations, risk assessment skills, and certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). The profession offers stable employment opportunities and the potential for advancement within healthcare organizations.

What is medical risk management?

Medical risk management is the process of identifying, assessing, and mitigating risks that can affect patient safety, staff, and the overall functioning of healthcare organizations. Its primary goal is to minimize the likelihood of adverse events, such as medical errors or malpractice claims, by implementing policies, training, and continuous monitoring. This field involves collaboration with healthcare professionals, administrators, and legal experts to ensure compliance with regulations and improve patient outcomes. Professionals in medical risk management also analyze incidents, develop preventive strategies, and foster a culture of safety. Effective risk management helps protect both patients and organizations from harm and financial loss.

What are the key skills and qualifications needed to thrive in medical risk management, and why are they important?

To thrive in Medical Risk Management, you need a background in healthcare, risk assessment, and regulatory compliance, often supported by a degree in health administration or related fields. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are highly valuable. Strong analytical thinking, attention to detail, and effective communication skills set top professionals apart in this field. These competencies are crucial for identifying potential risks, ensuring patient safety, and protecting healthcare organizations from legal or financial liabilities.
What are popular job titles related to Medical Risk Management jobs in Illinois? For Medical Risk Management jobs in Illinois, the most frequently searched job titles are:
Infographic showing various Medical Risk Management job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 12% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution.

Process Improvement and Risk Management Manager

Prime Healthcare

Olympia Fields, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Prime Healthcare rating

6.4

Company rating: 6.4 out of 10

Based on 282 frontline employees who took The Breakroom Quiz

639th of 887 rated healthcare providers


Job description

• Department: Quality Assurance

• Schedule: full-time, Days

• Facility: Prime Healthcare Olympia Fields Hospital

• Location: Olympia Fields, IL 60461


The Performance Improvement Manager develops, manages and integrates a comprehensive Performance Improvement (PI) Program to achieve unprecedented results in quality, efficiency, safety, satisfaction and value with transparency.

The Managerial oversight responsibility of the Performance Improvement Program is to develop and share best practices for improving performance in quality, safety, perception of care, value and efficiency; to develop/ maintain scorecards for all Service Lines with defining expected outcomes & benchmarks based on Quality, Safety, Satisfaction and Value; to complete Clinical Assessment, Diagnosis and Treatment for the Service Lines. Responsible for coordinating and managing hospital wide performance improvement activities including continued survey readiness. Responsible for oversight of ongoing publicly reported quality initiatives undertaken by the organization, like Core Measures, Patient Satisfaction, etc. Work collaboratively with Administration and Leadership. Ensures execution and communication of Performance Improvement and Patient Safety activities occurs from the department level to Board of Trustees.

The scope of activities in managing the PI Program, includes creating collaborative customer relationships; planning appropriate group processes; creating & sustaining a participatory environment; guiding the group to appropriate & useful outcomes; building and maintaining professional knowledge; employing evidence-based practice; integrating best research with expertise & patient values for optimal care; working in interdisciplinary teams; application of performance improvement methodologies to minimize waste, decrease errors, increase efficiency and ultimately improve care and appropriate utilization of informatics to communicate, manage knowledge with clinical expertise and patient values for optimal care.

Team facilitation and experience with hospital accreditation standards and survey process preferred. Knowledge of local regulatory standards & OSHA regulations a plus

Responsible for designing, organizing, coordinating and implementing the Risk Management Program with the objective of controlling and minimizing loss to protect the human, physical and fiscal assets of the organization. Is an active participant in performance improvement data collection, activities, and functions to promote an integrated program, which ensures the provision of the highest quality of health care. Collaborates with personnel responsible for safety and security and actively participates in risk-related activities in this area. Provides assistance with claims investigation, management and litigation. Facilitates reporting of safety data/events. Evaluates risk management program(s) through the use of data capture, follow up and trend analysis and presents findings to appropriate committees. Assists with the development and implementation of initiatives, policies and procedures, including staff education activities, regarding risk reduction/elimination throughout the organization. Collaborates with multidisciplinary team on problem identification and resolution, cost containment issues, implementation of new services and systems/ performance measures


EDUCATION, EXPERIENCE, TRAINING

1. Bachelor’s degree required, preferably in a healthcare related field.
2. Master’s degree preferred.
3. State RN licensure or a License in healthcare field preferred.
4. Fellow or Diplomat of American Society of Healthcare Risk Managers Association in Risk Management (ARM) or Licensed Healthcare Risk Manager (LHRM), preferred.4 – 5 years healthcare experience. 1-4 years quality improvement experience
5. Experience in reviewing charts for quality care issues. Detail oriented organizational skills. Must be able to handle multiple cases, directions and follow-through.
6. Good communication skills both verbally and written. Experience with Medical Staff communication.
7. Coordination of internal departments and external entities to ensure compliance with company policies, and state/federal regulatory and accreditation standards.
8. Certified professional in healthcare quality preferred.
9. Minimum of five years of management experience in one of the following venues: Hospitals, Managed Care, Credentialing verification organizations, or Ambulatory Care. Experience in working with governance processes is essential.
10. Must have strong computer, communication and writing skills with knowledge of medical terminology.
11. Experience in Risk Management and/or professional liability claims management preferred.

#LI-GM1


Olympia Fields Hospital offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options. A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $96,012 to $130,000 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

The company is dedicated to empowering its staff with a comprehensive, competitive benefits package, allowing them the freedom to customize their benefits to fit their unique needs. Our abundant resources, programs, and voluntary options serve as a foundation for individual growth and well-being. Learn more here: https://www.primehealthcare.com/benefitsthatmattermost/


Full Time
Days

Company is an equal employment opportunity employer. Company prohibits discrimination against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (subject to applicable law), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories. Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf



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