HSA 4502 (HSA4502)

QUESTION 1 Which of the following best define Risk analysis? A process used by the person or the person’s assigned risk management functions to determine the potential severity of the loss from an identified risk, the probability that the loss will happen, and alternatives for dealing with the risk. Working with business units to assist the leaders in understanding risk in business transactions Advising staff and leaders on the best approach to manage the new or emerging risk for the ...

QUESTION 1 It is not possible to use the same decision making process to decide upon workers' compensation insurance as used when deciding to self-insure professional liability. True False QUESTION 2 "Never events" include hurricanes and weather events physician education pressure ulcers and surgery on the wrong side of the body All the above QUESTION 3 The primary professionals that should be involved in developing an organization's risk financing plan include: insurance brok...

QUESTION 1 Risk identification identifies potential risks through several mechanisms that include: Incident reporting by employees who report accidents and occurrences not consistent with normal operating routines Patient complaints and satisfaction survey results Surveys by The Joint Commission, the National Committee on Quality Assurance or other licensure or insurer audits. All of the above. 5 points QUESTION 2 What is a key component for starting a risk management program? Fear o...

QUESTION 1 Which of the following best define Risk analysis? A process used by the person or the person’s assigned risk management functions to determine the potential severity of the loss from an identified risk, the probability that the loss will happen, and alternatives for dealing with the risk. Working with business units to assist the leaders in understanding risk in business transactions Advising staff and leaders on the best approach to manage the new or emerging risk for the ...