HFMA
HFMA Certified Healthcare Financial Professional (CHFP)
HFMA CHFP Online Module Assessments and HFMA CHFP
Certification Exam
Course Title and Number: HFMA CHFP 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.
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HFMA CHFP Certification Module 1 Exam Review HFMA
Certified Healthcare Financial Professional (CHFP) Exam
Questions and Answers | 100% Pass Guaranteed | Graded A+ |
2025- 2026
HFMA CHFP Online Module Assessments and HFMA CHFP
Certification Exam
HFMA Certified Healthcare Financial Professional (CHFP)
Healthcare Financial Management Association HFMA.
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
is a pre-determined amount that the patient pays before the
insurer begins to pay for services - =Answer>> deductible
a percentage of the insurance payment amount that is paid by
the patient, along with the amount paid by the insurer. -
=Answer>> coinsurance
a flat amount that the patient pays at each time of service -
=Answer>> copayment
payment also includes amounts for services that are not
included in the patient's benefit design and amounts for
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services balance billed by out-of-network providers. Payments
typically does not include premium sharing by the patient. -
=Answer>> Out-of-pocket payment
The amount payable out of pocket for healthcare services,
which may includes deductibles, copayments, coinsurance,
amounts payable by the patient for services that are not
included in the patient's benefit design, and amounts "balance
billed" by out-of-network providers. Health insurance premiums
constitute a separate category of healthcare costs for patients,
independent of healthcare utilization. - =Answer>> Cost (to
the patient)
The expense (direct and indirect) incurred to deliver healthcare
services to patients. - =Answer>> Costs (to the provider)
The amount payable to the provider (or reimbursable to the
patient) for services rendered. - =Answer>> Cost (to the
health plan/insurer)
The expense related to provided health benefits (premiums or
claims paid) - =Answer>> Cost (to the employer)
The dollar amount a provider sets for services rendered before
negotiating any discounts. The charge can be different from the
amount paid. - =Answer>> Charge
The total amount a provider expects to be paid by health
plans/payers and patients for healthcare services. -
=Answer>> Price
An organization that negotiates or sets rates for provider
services, collects revenue through premium payments or tax
dollars, processes provider claims for service, and pays
provider claims using collected premium or tax revenues. -
=Answer>> Health Plan/Payer
An entity, organization, or individual that furnishes a healthcare
service. - =Answer>> Provider
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