Healthcare Financial Management Association
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.
Good Luck……...!
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HFMA CHFP Ratio Analysis and Revenue Cycle Certification
Exam Review HFMA 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: -
Payment Discount Considerations - =Answer>> 1.
Established in a policy statement by the Board of Trustees
2. Amount of discount varies dependent on patient's ability to
pay
3. Exceeds a minimum balance (e.g. not less than $500)
4. Time limit (to receive payment)
5. Discounts common for patients without insurance
Point of Service (POS) Collections - =Answer>> The only
cost effective method of collecting small dollar copayment
amounts required by certain health plans - includes
copayments, deductibles and other self-pay balances
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Health Information Management Department (HIM) -
=Answer>> Should be lead by one credentialed with RHIA
or RHIT from AHIMA. Responsible for:
1. the medical record - legal document
2. ensuring complete data is captured from the physician on
time
3. accurately coding and abstracting data needed to submit
claims
4. patient records release (subject to HIPAA and other laws)
5. works with Case Mgmt. & PFS to evaluate denials from 3rd
parties
Data integrity - =Answer>> ensures that a patient's SSN,
date of birth, and medical record number are accurately
assigned at the time of admission.
Hospital types exempt from PPS - =Answer>> 1. Psychiatric
and rehabilitation;2. psychiatric and rehabilitative parts of
acute care hospitals; 3. Pediatric hospitals; 4. Long-term care
hospitals
MS-DRG payment exclusion - =Answer>> Costs of physician
services are not included in the DRG
Why are MS-DRGs believed to be more accurate than DRGs? -
=Answer>> due to the inclusion of secondary diagnoses
and Major Complication/Cormorbidities (MCCs) and
Complications/Comorbidities (CCs)
What do APCs apply to and not apply to? - =Answer>> visits
which include: a medical evaluation, a procedure, or an
ancillary service; also, outpatient surgery, radiology, and other
diagnostic services; but not ambulance, durable medical
equipment, rehabilitation, lab, screening mammo, or end-stage
renal disease
Physician Fee Schedule - =Answer>> Medicare's listing of
pricing by HCPCS codes; Medicare pays 80% and patient has a
20% coinsurance portion; limiting charge is 115% of the
Medicare payment amount. E.g.- if Medicare's fee = $100,
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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.
Good Luck……...!
📝
Are you Struggling with University Exams or Job Certification
Assessments?? 📌I Got You Covered 💯.!!!
✍I Specialize in Taking the Exam On your Behalf.
💻 Get Professional Exam Assistance with 100% Pass
Guaranteed.⏬ GET STARTED HERE CLICK LINK BELOW ⏬
https://yourassignmenthandlers.ck.page/92498b9b86
, I can Help BYPASS PROCTORED EXAM 📑
📱Hit Me UP__ Inbox Open 24/7 – 365 …...!!!!
💬 Chat with us here: 📧
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https://yourassignmenthandlers.kit.com/93b2309b47
!!!.ORDER NOW.!!! << TO GET INSTANT EXPERT HELP >> !!!.ORDER
NOW.!!!
HFMA CHFP Ratio Analysis and Revenue Cycle Certification
Exam Review HFMA 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: -
Payment Discount Considerations - =Answer>> 1.
Established in a policy statement by the Board of Trustees
2. Amount of discount varies dependent on patient's ability to
pay
3. Exceeds a minimum balance (e.g. not less than $500)
4. Time limit (to receive payment)
5. Discounts common for patients without insurance
Point of Service (POS) Collections - =Answer>> The only
cost effective method of collecting small dollar copayment
amounts required by certain health plans - includes
copayments, deductibles and other self-pay balances
Need Writing 📝Help? We've Got You Covered! ✍️
100% NO A I or Plagiarism Guaranteed🎯
💬 Chat with us here: 📧
, I can Help BYPASS PROCTORED EXAM 📑
📱Hit Me UP__ Inbox Open 24/7 – 365 …...!!!!
💬 Chat with us here: 📧
Health Information Management Department (HIM) -
=Answer>> Should be lead by one credentialed with RHIA
or RHIT from AHIMA. Responsible for:
1. the medical record - legal document
2. ensuring complete data is captured from the physician on
time
3. accurately coding and abstracting data needed to submit
claims
4. patient records release (subject to HIPAA and other laws)
5. works with Case Mgmt. & PFS to evaluate denials from 3rd
parties
Data integrity - =Answer>> ensures that a patient's SSN,
date of birth, and medical record number are accurately
assigned at the time of admission.
Hospital types exempt from PPS - =Answer>> 1. Psychiatric
and rehabilitation;2. psychiatric and rehabilitative parts of
acute care hospitals; 3. Pediatric hospitals; 4. Long-term care
hospitals
MS-DRG payment exclusion - =Answer>> Costs of physician
services are not included in the DRG
Why are MS-DRGs believed to be more accurate than DRGs? -
=Answer>> due to the inclusion of secondary diagnoses
and Major Complication/Cormorbidities (MCCs) and
Complications/Comorbidities (CCs)
What do APCs apply to and not apply to? - =Answer>> visits
which include: a medical evaluation, a procedure, or an
ancillary service; also, outpatient surgery, radiology, and other
diagnostic services; but not ambulance, durable medical
equipment, rehabilitation, lab, screening mammo, or end-stage
renal disease
Physician Fee Schedule - =Answer>> Medicare's listing of
pricing by HCPCS codes; Medicare pays 80% and patient has a
20% coinsurance portion; limiting charge is 115% of the
Medicare payment amount. E.g.- if Medicare's fee = $100,
Need Writing 📝Help? We've Got You Covered! ✍️
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