Loss Prevention Flashcards
7 cards from real CPHRM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Loss Prevention flashcards as text
Which concept describes the systematic identification of potential loss-causing events before they occur?
Answer: Prospective risk identification
Prospective risk identification involves anticipating potential hazards and failures before an adverse event takes place.
A hospital implements a 'no-lift' policy for patient transfers. This is an example of which loss prevention strategy?
Answer: Risk reduction
A no-lift policy reduces the frequency and severity of staff musculoskeletal injuries, making it a risk reduction strategy.
Under the Joint Commission standards, which action is FIRST required after a sentinel event is identified?
Answer: Conduct a root cause analysis
The Joint Commission requires organizations to perform a root cause analysis to identify contributing system factors after a sentinel event.
Which type of insurance covers a healthcare organization for claims arising from errors in professional medical services?
Answer: Professional liability insurance
Professional liability (malpractice) insurance covers claims resulting from errors or omissions in the delivery of professional healthcare services.
A risk manager notices a pattern of falls in one unit after reviewing incident reports. What is the BEST next step?
Answer: Conduct a focused process improvement initiative for that unit
Aggregated incident data indicating a unit-specific pattern should trigger a focused process improvement to address contributing factors.
What does 'failure mode and effects analysis' (FMEA) primarily help organizations accomplish?
Answer: Proactively identify and prioritize process vulnerabilities
FMEA is a prospective risk assessment tool that identifies where and how a process might fail and ranks failure modes by risk priority.
Which federal law mandates reporting of certain adverse events and unsafe conditions in healthcare facilities?
Answer: The Patient Safety and Quality Improvement Act
The Patient Safety and Quality Improvement Act (PSQIA) created a voluntary, confidential reporting system to improve patient safety through analysis of adverse events.