CPHRM CPHRM 5

Question 1

Which healthcare risk management strategy involves transferring risk to a third party through contractual indemnification and hold-harmless agreements?

Accepted Answer

Contractual risk transfer

Answer

Contractual risk transfer shifts financial responsibility for losses to another party—such as a vendor or contractor—through indemnification clauses.

Question 2

A patient safety officer proposes adopting a 'just culture' model. This model primarily distinguishes between:

Accepted Answer

Human error, at-risk behavior, and reckless behavior when determining accountability

Answer

Just culture differentiates three behavioral categories—human error, at-risk behavior, and reckless behavior—to apply appropriate accountability and system responses.

Question 3

The 'duty to warn' obligation for mental health providers most directly conflicts with which other professional obligation?

Accepted Answer

Patient confidentiality

Answer

The Tarasoff duty to warn identifiable third parties of serious threats creates direct tension with the provider's obligation to maintain patient confidentiality.

Question 4

Which accreditation standard requires hospitals to maintain a written policy for identifying and resolving conflicts of interest among leadership?

Accepted Answer

Joint Commission Leadership standards (LD)

Answer

TJC Leadership chapter standards require organizations to have processes identifying and managing conflicts of interest among governing board members and executives.

Question 5

An 'incurred but not reported' (IBNR) reserve is established to account for:

Accepted Answer

Losses that have occurred but have not yet been reported as claims

Answer

IBNR reserves fund the anticipated cost of incidents that have already occurred but have not yet been reported to the risk department or insurer.

CPHRM Exam Practice Test

CPHRM Exam Practice Test

CPHRM CPHRM 5