ASHRM Couruse image 1

CPHRM Exam Practice Questions: Risk Financing Domain

 

Member: $39.00
Non-Member: $99.00

 

CE Credit: 1

Domain: Risk Financing

Level: Practitioner (P)

Buy Now

This interactive program features 26 multiple-choice practice questions to assess your knowledge of the six core risk financing competencies in the CPHRM Exam. Each selection includes a rationale and reference materials to guide your studies.

 

The CPHRM Exam Practice Questions: Risk Financing Domain is a series of interactive preparatory CPHRM Exam questions to help you identify your knowledge gaps in the risk financing domain and guide your studies.

This 26-question online learning program follows the same rigor as the CPHRM exam. ASHRM’s subject matter experts have broken down the six risk financing core competencies assessed in the CPHRM Exam into 26 different learning objectives.

All interactive multiple-choice questions will provide a rationale for every answer and direct users to reference materials for additional study. This self-study resource is available on-demand for instant user access, so you can feel confident you can succeed in the risk financing domain before taking the CPHRM Exam.

The CPHRM Exam Practice Questions: Risk Financing Domain was developed by authors of the ASHRM Risk Financing Playbook and educational program designers of ASHRM’s Risk Financing Certificate course.

Learning Objectives:

  • • Manage a broad, comprehensive insurance program including such activities as captive management, insurance, insurance purchasing, insurance consulting, administering self-insured coverages, and managing and coordinating the management of claims of all lines of insurance 
  • • Oversee the investigation of accidents or circumstances that could lead to financial loss (e.g., professional, institutional, general liability and product liability) 
  • • Analyze historical loss experience; address trends 
  • • Develop enterprise risk financing strategies to address the organization's area of exposure (e.g., general liability (GL), professional liability (PL) and cyber liability) 
  • • Provide recommendations to reduce risk in contracts, ensuring adequate controls and obligations for insurance coverage areas appropriate to the risk 
  • • Ensure timely reporting of incidents according to insurance policy language

 

Product Code322008OD22
ASHRM CE Credits1
CNE Credits0
DomainRisk Financing
Level - Foundational (F), Practitioner (P), Advanced (A)Practitioner (P)
Publication Date2/2/2022
Next Review7/1/24
Credit Expires7/1/25

Questions? Contact ASHRM@aha.org

Related Resources

Certificate Programs
This virtual certificate program will help risk managers learn key risk financing information and how to better assess their own programs.
CPHRM Exam Prep
This live virtual course is designed to help Certified Professional in Health Care Risk Management (CPHRM) candidates review the materials covered in…
Book
ASHRM foundational textbook covering the essentials of health care risk management, with chapters on patient safety, risk financing, the legal…
Certificate Programs
Understand the basics of risk financing and tie clinical efforts directly to their financial ramifications.
CPHRM Exam Prep
The CPHRM Exam Prep Course is ASHRM's highest-rated and most popular CPHRM study resource. This class is an opportunity to review each of the exam…
On-Demand Educational Webinars
Learn how to showcase your claims program while also making sure that you are getting the services you need from your third-party administrator (TPA).