Hospital Business Continuity Plan

Hospital Business Continuity Plan-41
Knowing the cost of downtime for each of your systems and applications is crucial.This will help you determine recovery time objectives (the maximum length of time within which each business process must be restored).

Knowing the cost of downtime for each of your systems and applications is crucial.

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What was considered the norm a few years ago may not support new systems, threats and risks, or changing business goals.

Developing your plan is the first step to successfully managing the risk of these events. Developing your business continuity plan may have been an overwhelming task: Practicing how to respond to adverse events isn’t any easier.

Every crisis is different—unexpected and unpredictable circumstances will arise.

When developing a business continuity plan, it’s important for healthcare leaders to consider intangible losses, such as damage to hospital brand and reputation, loss of customers, impact to credit rating, or loss of contracts.

Quantifying the cost of downtime is a good strategy to defend budgeting for these costs, especially for resources that you’ve prioritized for mission-critical applications.

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