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| Section | Weight | Objectives |
|---|---|---|
| Legal and Regulatory | 20% | - Privacy and security requirements - Patient rights and informed consent - Accreditation standards and compliance - Federal and state healthcare laws and regulations |
| Risk Financing | 15% | - Reserve analysis and actuarial concepts - Insurance structures and coverage types - Total cost of risk analysis - Alternative risk transfer mechanisms |
| Claims and Litigations | 20% | - Litigation process and defense strategies - Documentation and evidence management - Claims management and investigation - Settlement and resolution processes |
| Health Care Operations | 20% | - Operational risk identification and control - Organizational risk policies and procedures - Technology and information management risks - Workforce and facility safety |
| Clinical/Patient Safety | 25% | - Error prevention and disclosure protocols - Risk assessment and mitigation in patient care - Patient safety culture and reporting systems |
The CPHRM Certification Exam is one of the top-rated and career-oriented certificates that are designed to validate an ASHRM professional's skills and knowledge level. These Certified Professional in Health Care Risk Management (CPHRM) (CPHRM) practice questions have been inspiring those who want to prove their expertise with the industrial-recognized credential. By cracking it you can gain several personal and professional benefits.
NEW QUESTION # 65
The set of values, norms, guiding beliefs, and understandings that is shared by members of a healthcare organization and is taught to new members is
Answer: C
Explanation:
Within Health Care Risk Management frameworks identified by ASHRM and the American Hospital Association Certification Center, organizational culture refers to the collective values, shared norms, guiding beliefs, and behavioral expectations that shape how members of a healthcare organization function. It influences decision-making, communication patterns, leadership styles, and responses to risk and safety concerns. Culture is transmitted formally through policies and training, and informally through leadership behavior, peer interactions, and organizational traditions.
Organizational culture plays a critical role in patient safety, compliance, and ethical conduct. A strong culture of safety encourages reporting of adverse events, supports transparency, and promotes continuous improvement. Conversely, a punitive or hierarchical culture may suppress reporting and increase liability exposure.
Corporate vision describes the aspirational future state of the organization. A strategic mission outlines the organization's purpose and objectives. Managerial ethics refers to principles guiding leadership conduct.
While these elements contribute to the broader organizational framework, they do not encompass the shared and socially transmitted system of norms and beliefs that define culture.
Therefore, the correct term describing shared and taught values and norms within a healthcare organization is organizational culture.
NEW QUESTION # 66
The enterprise risk management process extends beyond clinical risk management by
Answer: C
NEW QUESTION # 67
An organization's chief of orthopedics has scheduled an implant of a new artificial hip for the next day. The chief developed the artificial hip while working as a consultant for a medical device company. The device has not yet been approved by the FDA or the Institutional Review Board. The risk manager's best immediate course of action is to
Answer: D
Explanation:
Under Health Care Risk Management standards supported by ASHRM and the American Hospital Association Certification Center, the implantation of a medical device that lacks FDA approval and Institutional Review Board oversight presents significant legal and regulatory violations. Use of an unapproved device outside of an approved investigational protocol may violate federal regulations governing human subject research and medical device approval processes.
The risk manager's primary responsibility is to immediately mitigate regulatory and liability exposure.
Because the procedure is scheduled for the next day, urgent intervention is required. Contacting the FDA would not resolve the immediate risk. Verifying informed consent is insufficient, as patient consent cannot legitimize use of an unapproved device outside regulatory pathways. Calling a special IRB meeting would not retroactively authorize an unapproved device without appropriate investigational device exemption processes.
Escalating the issue to the chief of surgery to halt or cancel the procedure is the most appropriate immediate step. This ensures that organizational leadership addresses the compliance violation before patient harm occurs. Risk management objectives emphasize proactive prevention of regulatory breaches, protection of patient safety, and preservation of institutional integrity. Therefore, stopping the procedure is the correct and immediate action.
NEW QUESTION # 68
Who are most likelynotto report errors in typical incident reporting systems?
Answer: A
Explanation:
Multiple studies showphysicians report fewer incidentsthan nurses and other hospital staff in many voluntary reporting systems, influenced by cultural norms, fear of blame, time constraints, and preference to manage issues "in-house." This matters because underreporting distorts risk signals: leadership may miss trends in diagnostic delays, handoff failures, and near-misses that physicians uniquely observe. Risk management objectives therefore focus on reducing barriers: simplifying reporting, enabling quick mobile submissions, emphasizing psychological safety, and providing credible feedback that reporting leads to improvement (not punishment). Another proven strategy is integrating reporting into professional practice expectations and aligning medical leadership with "just culture" principles. Increasing physician reporting improves system learning, strengthens peer review insight, and supports defensibility by showing hazards were identified and addressed.
NEW QUESTION # 69
What are risk treatment strategies?
Answer: D
Explanation:
Core risk treatment strategies includeavoidance(stop the activity),reduction/mitigation(controls that reduce likelihood/severity),retention(accept risk within appetite and fund losses via reserves/self-insurance), and transfer(contracts/insurance shifting financial consequences). In healthcare, the highest priority is often mitigation for patient safety risks (standardization, technology, training), with financing mechanisms ensuring the organization can absorb residual loss without destabilizing operations. ERM aligns these strategies to enterprise objectives so leadership invests in the best mix of prevention and financing.
NEW QUESTION # 70
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