Confidentiality Answers

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What is risk?

A
the possibility of something negative happening that results in loss or failure
B
any damage done to a healthcare facility
C
legal action taken against a healthcare facility
D
legal action that may result in loss or failure
2
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What is liability?

A
the possibility that an employee of a healthcare facility will make a mistake
B
when a person or organization is held accountable for something
C
legal action taken against a person or an organization
D
the possibility that legal action will be taken against a healthcare facility
4

Which of the following steps may be involved in risk management?

A
seeking legal counsel to advise about risk
B
identifying and prioritizing risk
C
choosing a strategy for dealing with risk
D
paying fines in a civil case associated with risk
5

Select all correct answers.Which of the following choices are common strategies for managing risk?

A
avoid the risk
B
reduce the risk
C
increase the risk
D
share the risk
E
accept the risk
F
ignore the risk
6

How can insurance coverage help a healthcare organization manage risk?

A
by creating and enforcing procedures to protect employee and patient safety
B
by accurately documenting information about mistakes
C
by helping to pay for the negative costs of risk
D
by preventing employees from making mistakes

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