| Sumario: | Risk management is an organized system that allows the preparation for any situation that may eventually affect organizational performance. In Colombia, most of the Health Provider Institutions (IPS) have limited themselves to managing patient safety, leaving aside other equally important risks predisposing them to patrimonial or reputational detriment. It is possible to rescue keys or strategies to be applied in the health sector from other sectors. This document identifies strategies for the implementation of risk management systems in institutions that provide health services in Colombia, based on an exhaustive and critical review of the literature with a descriptive approach. Scientific, technical, and regulatory documents related to risk management in different sectors at a national and international level were reviewed. The implementation of a risk management system provides IPS with tools to compete appropriately in the health market, participate in any RIAS either as a primary or complementary provider, adapt to new contracting models and guarantee operational incomes. For this reason, it is necessary for IPSs to consider risk management such as a reputational risk, corporate governance risk, market risk, business model risk, credit risk, operational risk, commercial risk, IT risk, corruption risk and of course financial risk. Therefore, the effective implementation of health risk management, but without detriment to the management of the disease, is a manifest need.
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