Chapter 3: Risk Management Flashcards
What is Risk Management?
Identification of activities that expose a business to financial losses and strategies necessary to manage these exposures.
Practicing risk management makes the medical practice less what?
Vulnerable to litigation.
Risks can be related to property, procedures or personnel and it’s often the responsibility of who to take steps to minimize these risks?
The Practice manager.
What is the first way to practice good risk management?
Make sure staff-members perform only within scope of their training.
What is the second way to practice good risk management?
Comply with state and federal regulations.
What is the third way to practice good risk management?
Keep the facility hazard-free and all equipment in working order.
What is the fourth way to practice good risk management?
Maintain patient confidentiality.
What is the fifth way to practice good risk management?
Follow all of the office’s established policies and operational procedures.
What is the sixth way to practice good risk management?
Immediately report any medical errors.
What is the seventh way to practice good risk management?
Obtain all required consents.
What is the eighth way to practice good risk management?
Require that incident reports be completed whenever injuries occur to patients visitors or staff.
