HCA 468 MIDTERM EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026

HCA 468 MIDTERM EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026 Which of the following abilities compromises risk assessment? - Answers Answers A,B& C Profit goals, capital structure, tax policy, investment strategy, and major considerations are the_________ strategies - Answers Financial The second element of a risk management strategy is risk control - Answers True Which of the following best describes the risk managers role in the required alliance and peer review privilege? - Answers All the above Go to is to be positioned to except appropriate levels of financial risks and become less reliant on the turbulent financial and insurance markets - Answers True Under certain performance improvement standards, the medical staff organization is charged with conducting ongoing professional practice quality evaluation's and actively participating in "the measurement assessment and improvement" of a variety of quality care metrics. These metrics include: - Answers All the above Which of the following best describes fifth strategic initiative? - Answers Develop and implement a set of services that assist members of the Health Care Organization to manage clinical and financial risk Name three agencies that have worked on projects that demonstrated continued focus on patient safety and quality? - Answers Agency for healthcare research and quality (AHRQ) and The national quality forum (NQF) The fourth strategic initiative is to develop and implement a set of services that assist members of the Health Care Organization to manage clinical and financial risk. - Answers False Systems-based practice: residents must demonstrate an awareness of and responsiveness to the larger context and system of healthcare, as well as the ability to call effectively on other resources in the system to provide optimal health care. - Answers True It is very easy for risk managers to select areas to benchmark - Answers False One of the nations largest healthcare consumer stakeholders is the federal government with an annual budget for 2010 of over 511,030 3 billion - Answers True Which of the following is not one of the 10 events on the national Quality forums "never events" list? - Answers Cancer Which of the following best define internal benchmarking? - Answers Collect only data elements from within their own organization. The data can be analyzed after the first data collection to identify best performers at the unit or... The CMS adheres to the National Quality Forum definition that never events are: - Answers All of the above (Errors in medical care that are clearly identifiable and preventable, serious in there consequences for patients, indicate a real problem in the safety and credibility of a healthcare facility) Which of the following best to find external or competitive benchmarking? - Answers allows risk managers or healthcare organizations to look outside their own setting to identify best performers in the industry. When processes are to be evaluated, healthcare organizations may wish to look outside the healthcare industry twice identify other service providers who have excelled at the same or similar function. Maintaining a risk management benchmarking program does cost a lot of money and need significant amount of time - Answers False Which of the following best defines benchmarking? - Answers Process of collecting and analyzing data to identify trends and performance and, when compared with other collectors of the same data, identifying best performers and determining if interventions that were introduced to address identify problems yielded that desired results Which of the following is NOT true about the national quality forum? - Answers Was incorporated in as a new organization in May 2011 Healthcare is no longer just consider the community Hospital; it is categorized as an industry - Answers True Fill in the blank:_______ is "The release of, transfer of, provision of, access to, or divulging in any other manner of, patient safety work product, buy an entity or natural person holding the patient safety work product to another legally separate entity or natural person, other than a workforce member of, or a physician holding privileges with, the entity holding the patient safety work product" and - Answers Disclosure Which of the following is not a core leader ship activity that focuses the organization on improving quality and patient safety? - Answers Develop criteria to guide medical staff Confidentiality Protections do not apply to disclosures of patient safety work product for conducting patient safety activities or two disclosures to entities carrying out research authorized by the secretary of the department of health and human services. - Answers True Fill in the blank. _______ are certified public and private organizations that engage in patient safety activities, such as collecting and analyzing patient safety work product and utilizing data from patient safety work product to minimize patient risk - Answers Patient Safety Organizations Providers may voluntarily disclose patient safety work product to an accrediting body, and the secretary mean disclose patient safety work product as necessary for business operations - Answers True According to the agency for healthcare research and quality the patient safety and quality improvement act of 2005 was created with distinct goals. - Answers All the above (Encourage development of patient safety organizations, foster culture of safety, identify and publicize solutions for wrists and hazards associated with patient care)