Describe how a healthcare organization transfers financial risk.

What will be an ideal response?


The commonest method for transferring financial risk is the purchase of insurance policies that cover various categories of risk such as property damage, liability, and malpractice. A less common method is the formation of insurance pools with similar organizations. Both methods require periodic payments based on the estimated probabilities and costs of undesired incidents.

Health Professions

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Items that provide goods and services for strong national defense and thriving economy, as well as the reliability, robustness, and resiliency that creates a sense of confidence are known as

A. key assets. B. national icons. C. critical infrastructures. D. irreplaceable assets.

Health Professions

The oral sugar given to infants to reduce pain during blood collection is

Fill in the blank with correct word.

Health Professions

A chronic, inflammatory disease of joint tissues that causes pain, swelling, and stiffness in joints is ________. 

Fill in the blank(s) with the appropriate word(s).

Health Professions

Why are audit trails important?

A. For correspondence B. For transmitting data C. For security of data D. For compliance monitoring

Health Professions