WGU C430 Quality Improvement and Risk Management with Complete Solutions

Quality Improvement and Risk Management (C430) with Complete Solutions Risk Management - CORRECT ️️ An organized effort to identify, assess, and reduce, where appropriate, risks to patients, visitors, staff, and organization assets. Reduce the incidence of preventable accidents and injuries to minimize the financial loss to the institution should an injury or accident occur. Risk Management Process - CORRECT ️️ Investigate: Observe or study by close examination and systematic inquiry. Inform: Present in material form. Influence: Affect or alter by indirect or intangible means. Interpret: Explain or tell the meaning of; present in understandable terms. Integrate: Form or blend into a whole; unite with something else. Risk Classification - CORRECT ️️ • Property Risks • Casualty/liability risks • Employee benefit risks Property Risks - CORRECT ️️ Involve the possibility of losses associated with the destruction or theft of property. Casualty/Liability Risks - CORRECT ️️ Involve professional negligence, worker's comp, directory and officers liability, environmental liability and product liability. Employee Benefit Risks - CORRECT ️️ Cost of benefit plans, disability claims, and Employee Retirement and Income Security Act (ERISA) violations. Risk Management Tools - CORRECT ️️ • Incident Reporting • Occurrence reporting • Occurrence screening Incident Reporting - CORRECT ️️ The identification and reporting of occurrences that could have led, or did lead, to an undesirable outcome. Occurrence Reporting - CORRECT ️️ Serves as a database for further investigation Alerts risk management to a potential claim situation. Occurrence Screening - CORRECT ️️ Review technique of medical records of current and discharged patients with the goal of identifying events not co