CPE Risk Management in Healthcare 2

Question 1

Enterprise Risk Management (ERM) in healthcare is distinguished from traditional risk management primarily because ERM:

Accepted Answer

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

Answer

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

Question 2

The Joint Commission defines a 'sentinel event' as:

Accepted Answer

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

Answer

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.

Question 3

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

Accepted Answer

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

Answer

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

Question 4

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

Accepted Answer

Legal and liability risk

Answer

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

Question 5

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

Accepted Answer

Risk transfer

Answer

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

(CPE) Certified Physician Executive Practice Test

(CPE) Certified Physician Executive Practice Test

CPE Risk Management in Healthcare 2