Risk Management Exam (With 100% correct answers)

States differ in their requirements for reporting adverse events or incidents. correct answers TRUE Exposure avoidance is the elimination of services that may cause losses. correct answers TRUE Occurrence Reporting method yields the highest percentage of reportable incidents. correct answers FALSE Risk Management and Quality Assurance are 2 concepts that are mutually exclusive. correct answers FALSE Incident or occurrence reports are a method of risk __________: correct answers b. Identification Adequate insurance coverage is an example of risk __________. correct answers a. Financing Continuous collection of information to search for liability risks is an example of risk __________. correct answers b. Identification Quality Assurance and Risk Management: correct answers a. Have a close relationship and overlap in several areas Risk Management tools are correct answers 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. correct answers -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. correct answers a. TRUE Autonomy is the obligation to do good for patients (or at least no harm). correct answers a. FALSE Almost every organization of healthcare professionals has a code of ethics which details the values, duties and responsibilities of their profession. correct answers a. TRUE The concept of justice means that people should be treated in an equitable or fair fashion. correct answers a. TRUE