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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CHFP Module 1 Business of Healthcare 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: -
What is the most common in relationships between primary
care physicians and managed care plans such as health
maintenance organizations (HMOs)? - =Answer>>
Capitation-However, it is also used for specialty physicians as
well.
_________ at 50% of the normal per-procedure fee -
=Answer>> Secondary procedure
_________ at 50% of the normal per-procedure fee -
=Answer>> Secondary procedure
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The average level of severity of conditions of patients in a
healthcare provider during a specified period is known as -
=Answer>> case mix index
are examples of risk-based contracts. - =Answer>>
medicare Shared Savings Accountable Care Organizations
(MSSP ACOs) established by the Affordable Care Act and the
Quality Payment Program (QPP) established by the Medicare
and CHIP Reauthorization Act
______ _________ contracts generally overlay a conventional
payment methodology (such as fee-for-service, per diem, per
case or episodic) with a retrospective settlement mechanism
that shares savings (known as upside risk) or losses (downside
risk) from the negotiated target. Risk-based contracts may also
include provisions that reward providers for achieving certain
non-cost related metrics such as quality goals or penalize them
for not meeting (or reporting) them. - =Answer>> risk
based
_________ the payer (government or commercial) and the
provider (or group of providers) share financially in both the
risks and the rewards of providing healthcare services at a
negotiated rate, giving all parties a financial stake in the
contract's performance. (definition) - =Answer>> risk based
contract
From the perspective of the medical group, charge-based
payment poses the least financial risk since the group has
control over the amount of services provided and can influence
payments by increasing the prices charged to an insurer. -
=Answer>> charge based payment
least to greatest risk to healthcare providers. - =Answer>>
least risk - charge based payment
RBRVS
Per procedure payment
Bundled payment
greatest risk - Capitation
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