Risk Management Exam Complete Questions & Answers

States differ in their requirements for reporting adverse events or incidents. - ANSWER TRUE Exposure avoidance is the elimination of services that may cause losses. - ANSWER TRUE Occurrence Reporting method yields the highest percentage of reportable incidents. - ANSWER FALSE Risk Management and Quality Assurance are 2 concepts that are mutually exclusive. - ANSWER FALSE Incident or occurrence reports are a method of risk __________: - ANSWER b. Identification Adequate insurance coverage is an example of risk __________. - ANSWER a. Financing Continuous collection of information to search for liability risks is an example of risk __________. - ANSWER b. Identification Quality Assurance and Risk Management: - ANSWER a. Have a close relationship and overlap in several areas Risk Management tools are - ANSWER a. Incident, and occurrence reporting, along with occurrence screening List 2 of the 'Red Flag' areas and describe what Risk Managers should watch out for in each. - ANSWER -Treatment Conditions: poor treatment results, repetition of the problem, lack of follow-up care, and equipment malfunction. -Conduct of staff: acting outside the scope of training, lack of qualified supervision, performance of a procedure for the first time without supervision, outspoken or rude behavior, personality conflict, and poor physician-staff relationship. Best Interest is the ethical standard which applies to individual who never had decision-making capacity. - ANSWER a. TRUE