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Risk Management in Healthcare Flashcards

7 cards from real CPE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Risk Management in Healthcare flashcards as text
  1. Enterprise Risk Management (ERM) in healthcare is distinguished from traditional risk management primarily because ERM:

    Answer: Provides a comprehensive, integrated, organization-wide view across all risk categories

    ERM integrates all categories of risk—clinical, financial, operational, strategic, legal, and reputational—into a unified organizational framework rather than managing silos separately.

  2. The Joint Commission defines a 'sentinel event' as:

    Answer: Any adverse event resulting in unexpected patient death or serious permanent harm

    TJC defines a sentinel event as an unexpected occurrence involving death or serious physical or psychological injury, or the risk thereof, signaling the need for immediate investigation.

  3. A physician executive learns that a clinical department has been systematically underreporting adverse events. The most appropriate first response is to:

    Answer: Address the underlying culture of fear and build psychological safety to encourage reporting

    Sustainable improvement in safety reporting requires cultivating psychological safety and a just culture; punitive responses worsen underreporting and drive events underground.

  4. Medical malpractice liability exposure is primarily classified under which organizational risk category?

    Answer: Legal and liability risk

    Medical malpractice claims represent legal and liability risk because they involve legal proceedings and potential court-ordered judgments against the organization or its providers.

  5. Purchasing professional liability insurance to cover losses from malpractice claims is an example of which risk management strategy?

    Answer: Risk transfer

    Risk transfer shifts the financial burden of a potential loss to a third party—typically an insurance company—in exchange for premium payments.

  6. When prioritizing risks for mitigation in a healthcare organization, leadership should address which category first?

    Answer: High probability, high impact risks

    Risks that are both likely to occur and carry severe consequences demand the highest priority because they pose the greatest immediate threat to patient safety and organizational stability.

  7. The 'disclosure and apology' (Sorry Works) approach to medical errors primarily aims to:

    Answer: Improve transparency, restore trust with patients and families, and reduce overall litigation costs

    Evidence shows that prompt, honest disclosure combined with a sincere apology reduces patient anger, builds trust, and frequently decreases both the frequency and cost of malpractice litigation.