Certified in Healthcare Compliance (CHC) 2025 – 400 Free Practice Questions to Pass the Exam

A compliance risk management strategy is essential for ensuring that healthcare organizations fulfill their legal and regulatory obligations while maintaining high standards of patient care. The inclusion of identification and assessment of risks is a foundational element in any compliance program. This process involves systematically identifying potential compliance risks—such as regulatory changes, operational weaknesses, or areas vulnerable to fraud—and evaluating their likelihood and potential impact on the organization.

By implementing a structured approach to identifying and assessing risks, healthcare organizations can prioritize their resources effectively, develop targeted compliance training, and implement controls to mitigate those risks. This proactive stance helps create a culture of compliance and accountability within the organization, thereby protecting not only the organization itself but also patient safety and care quality.

While considering other options, strategies to ignore compliance risks would be detrimental to any organization and could lead to significant legal and financial repercussions. Plans to minimize patient care quality contradict the ethical standards of healthcare, which focus on enhancing patient outcomes. Documentation of non-compliance incidents is important, but it is a reactive measure rather than a fundamental part of a risk management strategy. Overall, prioritizing the identification and assessment of risks is critical to building an effective compliance framework.