HFMA
HFMA Healthcare Financial Management Association
Certification Exam
HFMA Professional Certification Exams
Course Title and Number: HFMA Certification Exams
Exam Title: Midterm, Finals, Certification and Assessment
Exam Date: Exam 2025- 2026
Instructor: ____ [Insert Instructor’s Name] _______
Student Name: ___ [Insert Student’s Name] _____
Student ID: ____ [Insert Student ID] _____________
Examination
Time: - ____ Hours: ___ Minutes
Instructions:
1. Read each question carefully and Answer All Questions
2. Use the provided answer sheet to mark your responses.
3. Please Ensure all you answer each question below and click Submit
when you have completed the Exam.
4. This test has a time limit, The test will save and submit automatically
when the time expires
5. This is Exam which will assess your knowledge on the course
Learning Resources.
Good Luck……...!
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HFMA Mid- Term Certification Exam Review HFMA Certified
Healthcare Financial Management Association HFMA Exam
Questions and Answers | 100% Pass Guaranteed | Graded A+ |
2025- 2026
HFMA Healthcare Financial Management Association
Certification Exam
HFMA Professional Certifications
Healthcare Financial Management Association HFMA.
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
What factors are taken into consideration when using financial
expediency as a method of setting charges? - =Answer>>
Cost of providing services to charge-based patients, losses to
Medicare and Medicaid, Cost of bad debt and charity care (all of
the above)
Charging analysis ensures that - =Answer>> charges set for
specific items result in maximum reimbursement
Using the _________ method of setting charges, providers can
set charges to break even or realize a gain. - =Answer>>
RVU
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Charge master enrichment ensures that - =Answer>>
healthcare organizations are charging only for items third-party
payers recognize as legitimate charges
Setting charges on the basis of consensus provokes -
=Answer>> cost shifting
Charge capture assessment ensures that - =Answer>>
Healthcare organizations do not lose charges
Using the hourly rate method of setting charges, calculate the
charge per modality necessary to recover total costs given that
at Stretch Sports Medicine Clinic total projected costs per year
= $600,000, total projected hours of use per year = 15,000,
and modality = 20 minutes. - =Answer>> $13.33
What two factors have led to lower charges in the healthcare
industry? - =Answer>> Managed care and prospective
payment systems
Which of the following programs provides financial incentives to
hospitals for reducing unnecessary hospital readmissions for
Medicare beneficiaries? - =Answer>> Hospital Readmission
Reduction (HRR) Program
Cost shifting is the practice of - =Answer>> shifting costs
from some payers to offset losses from another
Providers set charges on the basis of _____________ in
competition-driven charging. - =Answer>> what the market
will bear
Which method of reimbursement is the most favorable for
physicians? - =Answer>> Charges
Pricing products and services low in the long term by making
fundamental changes to the products or services is known as
________ pricing. - =Answer>> Slash
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