Hyperkalemia is defined as a serum potassium concentration greater than 5.5 mEq/L. It can be caused by a shift of potassium from intracellular to extracellular space, excessive potassium intake, or inadequate excretion. Pseudohyperkalemia is an artifactual increase. Treatment involves calcium to antagonize cardiac effects, insulin to shift potassium intracellularly, and cation exchange resins or dialysis to remove potassium from the body. The goal is to lower potassium levels urgently to prevent cardiac arrhythmias.