Ace the 2025 CPHRM Challenge – Rock Your Health Care Risk Management Skills!

Risk control techniques are strategies employed to minimize the likelihood or impact of adverse events in various settings, particularly in healthcare risk management. The correct identification of risk retention as not a technique of risk control stems from understanding the different roles these strategies play in managing risk.

Loss prevention aims to reduce the frequency of risks occurring. It involves implementing measures that deter incidents before they arise, such as safety training or better equipment. Contractual transfers refer to shifting the risk to another party, often through insurance or indemnity agreements. Segregation of loss exposures involves isolating certain activities or assets to mitigate the impact of a potential loss, thereby protecting the overall integrity of the organization.

Risk retention, on the other hand, involves an organization consciously deciding to accept the risk rather than mitigate or transfer it. This technique does not aim to control the risk but rather acknowledges it as a part of the operational process. While it may be a valid strategy within a broader risk management framework, it does not qualify as a risk control technique since it does not actively work to prevent or reduce risks. Understanding these distinctions is crucial in effectively managing healthcare risks.