Practice Quiz

Managed Care Nursing

Category - Patient Issues

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Select the option that best defines a program that includes actions to identify, evaluate, prevent, and correct risks that affect patient and/or staff harm and possibly lead to financial or legal liability.
  1. Insurance risk program
  2. Insurance risk management program
  3. PI risk management program
  4. Risk management program
  5. Causal factor management program
Explanation
Answer: B - An insurance risk management program includes actions to identify, evaluate, prevent, and correct risks that affect patient and/or staff harm and possibly lead to financial or legal liability.

An insurance risk management program has a vested interest in decreasing financial loss and legal issues.
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