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CHFP Exam Content

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SAMPLE EXAM QUESTIONS / TEST TAKING TIPS / Exam App

2009-10 CHFP Exam Content

The HFMA Board of Examiners updates the content of the self-study materials and corresponding exams biannually to reflect changing conditions in healthcare financial management in the United States. The course materials and exams cover the following topics. The Core exam contains 166 multiple-choice questions, of which 150 are scored, and the specialty exams each have 83 questions, of which 75 are scored. The percentages listed represent how many of the exam questions assess your knowledge of that area.  The 2009-10 exams are available until December 31, 2010.

For sample of types of questions on the certification exams, click here.

Core Exam (150 questions)   
Healthcare Industry Overview  5%
Cost Analysis & Management  6%
Financial Analysis Techniques  3%
Accounting Concepts & Principles 6%
Auditing and Internal Control  5%
Capital Planning & Financing  3%
Budgeting  6%
Strategic Planning  6%
Investments & Cash Management  3%
Information Systems  6%
Patient Financial Services/Revenue Cycle  6%
Corporate Compliance  4%
Managed Care/Consumer Directed Health Care  6%
Regulatory Environment  6%
Health Information Mgmt. & Case Mgmt  5%
Quality & Patient Safety  5%
Management Skills  3%
Human Resources Management  3%
Legal Aspects 5%
Physician Practice 6%
HFMA Overview  2%


Accounting & Finance Specialty Exam
(75 Questions)

 
Cost Analysis & Management    12%
Financial Planning & Budgeting  15%
Capital Planning & Financing  15%
Investments & Cash Management  10%
Internal Control  10%
Financial Reporting, Accounting Principles & Auditing  15%
Regulatory Environment & Corporate Compliance  15%
Employee Benefits, Insurance, & Risk Mgmt.  8%
 
Physician Practice Management Specialty Exam (75 Questions)
 
Physician Coding & Payment Systems  10%
Encounter Processing  8%
Accounts Receivable: Collection, Policy & Evaluation 16%
Information Systems   8%
Budgeting & Benchmarking  10%
Cost Analysis & Management  8%
Physician Compensation & Leadership  10%
Integrated Healthcare Systems/Managed Care  8%
Insurance & Risk Management  4%
Legal and Regulatory 7%
Other Management Issues 11%

Managed Care Specialty Exam
(75 Questions)
 
Overview of Managed Care  5%
The Healthcare Delivery System  10%
Financial Management  35%
Managed Care Operations  15%
Contracting and Negotiating  10%
Medical Management  5%

Regulation and Accreditation                             

Forces Driving State & Federal Health Policy

5%

5%

Medicare and Medicaid

10%

 
Patient Financial Services Specialty Exam
(75 Questions)
 
Organizational Forecasting  4%
Accounts Receivable Management   15%
Financial Analysis Techniques   4%
Information Technology   11%
Policy, Planning, and Evaluation   11%
Access Management   15%
Claims Processing   13%
Managed Care   9%
Legal Aspects   10%
Physician Entities   4%
Other Related Entities   4%

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