Healthcare Risk Management Quiz

Risk Management Process

• The risk management process consists of identifying, assessing, mitigating, monitoring, and reviewing risks to minimize potential losses.

Risk Management Plan

• A risk management plan outlines the strategies, policies, and procedures for identifying, assessing, and mitigating risks.

Chicago Hospital Risk Pool Program

• The Chicago Hospital Risk Pool Program is a self-insurance pool that provides liability insurance to hospitals, allowing them to share and manage risks collectively.

Factors Increasing Liability to Risk

• Factors that increase liability to risk include:
  • Inadequate policies and procedures
  • Inadequate training of staff
  • Inadequate supervision
  • Lack of resources
  • Poor communication

Hospital Risk Management Program

• The key aspects of a hospital risk management program include:
  • Risk identification and assessment
  • Risk mitigation and management
  • Incident reporting and analysis
  • Education and training
  • Policy development and review

Purpose of Risk Management Program

• The purpose of a risk management program in a hospital is to identify, assess, and mitigate risks to minimize potential losses, ensure patient safety, and reduce liability.

Example of Applied Risk Management Program

• An example of an applied risk management program is the implementation of a fall prevention program in a hospital to reduce the risk of patient falls.