Health Plan Finance and Risk Management
- Product Code: ahm-520
- Exam Questions: 122
- Vendor: ahip
$9.99
$12.99- Updated At: Nov 14, 2024
Health Plan Finance and Risk Management
This certification is designed for professionals who work in health plan finance and risk management, focusing on financial analysis, budgeting, and risk assessment.
Focus
The Health Plan Finance and Risk Management certification focuses on Financial Analysis, Budgeting, and Risk Assessment in Health Plan Finance
Exam Duration
The Health Plan Finance and Risk Management exam duration is 120 minutes
Num of Question
The exam contains a total of 150
Exam Fee
The exam fee is Registration fees vary by country, please check the AHIP website..
Exam Validity
The CCRN-Pediatric certification is valid for 2 years.
Prior Certification
- AHIPCPM (Certified Professional in Healthcare Compliance and Management)
Exam Format
The Health Plan Finance and Risk Management exam is a Multiple choice questions.
Passing Conditions
To pass Health Plan Finance and Risk Management exam, applicants must achieve a minimum score of Passing score is 75% (225 out of 300). The exam is scored after the test is completed.
Who Should Take
Professionals working in health plan finance and risk management
- Health Plan Actuary
- Risk Management Specialist
- Financial Analyst
- Healthcare Administrator
Prerequisites
Bachelors degree and 2+ years of experience in health insurance finance, or
Or can substitute with certifications:
- AHIPCPM (Certified Professional in Healthcare Compliance and Management)
Certification Process
- Step 01: Create an account on the AHIP website
- Step 02: Register for the exam by paying the exam fee
- Step 03: Download the study materials for review
- Step 04: Take the exam at an AHIP test center
Domains with Weights
- Domain 01: Financial Planning and Analysis (33%): Understand and analyze financial statements, create financial projections, and assess risk in health plan finance.
- Domain 02: Risk Management (27%): Assess and mitigate risks in health plan finance, such as market risks, operational risks, and reputational risks.
- Domain 03: Budgeting and Financial Reporting (25%): Develop and manage budgets for health plans, and prepare and analyze financial reports, including financial statements and reimbursement reports.
- Domain 04: Compliance and Regulatory Oversight (15%): Assess and ensure compliance with regulatory requirements, health reform laws, and other regulations affecting health plan finance.
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