which of the following statements about risk management is true?

a. risk management is unique to the health care industry
b. risk management is controlled and managed by hipaa regulations.
c. risk management is concerned with reducing exposure to legal liability
d. risk management is spon

ored by the department of health and human services

C. Risk management is concerned with reducing exposure to legal liability.

b. risk management is controlled and managed by hipaa regulations.

To determine which of the following statements about risk management is true, let's analyze each option:

a. Risk management is unique to the health care industry: This statement is false. Risk management is not unique to any specific industry, as it is a practice that can be found in various sectors, including healthcare, finance, construction, and more.

b. Risk management is controlled and managed by HIPAA regulations: This statement is partially true. HIPAA (Health Insurance Portability and Accountability Act) is a set of regulations that covers the protection and privacy of patients' health information. While HIPAA regulations do have an impact on risk management within the healthcare industry specifically, risk management itself goes beyond just HIPAA compliance.

c. Risk management is concerned with reducing exposure to legal liability: This statement is true. One of the primary objectives of risk management is to identify, assess, and mitigate potential risks to minimize the organization's exposure to legal liability. This can involve implementing policies, procedures, and preventive measures to reduce the likelihood of lawsuits, accidents, or other legal repercussions.

d. Risk management is spon: It seems that this option might be incomplete or contains a typographical error.

Based on the given options, statement c is the most accurate representation of risk management. It focuses on reducing exposure to legal liability, which is a central aspect of risk management.