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CPHRM Exam for American Hospital Association (AHA) Certification Center Latest Update
CPHRM Exam for American Hospital Association (AHA) Certification Center Latest Update
Certified Professional in Healthcare Risk Management (CPHRM) Exam: Latest Updates and Comprehensive Guide
The Certified Professional in Healthcare Risk Management (CPHRM) is a prestigious certification offered by the American Hospital Association Certification Center (AHA-CC). Recognized as a benchmark for expertise in healthcare risk management, this credential demonstrates an individual's commitment to excellence and professional competency in the field. As the healthcare industry evolves, the CPHRM exam and its requirements are periodically updated to ensure alignment with current industry standards and practices. This document provides a comprehensive overview of the CPHRM exam, including the latest updates, eligibility requirements, exam format, preparation resources, and recertification process.
Eligibility Requirements
To qualify for the CPHRM exam, candidates must meet specific educational and professional experience criteria. These requirements are designed to ensure that candidates possess the foundational knowledge and relevant experience necessary for success in healthcare risk management. The eligibility criteria include:
Bachelor’s Degree or Higher
Candidates must have a bachelor’s degree or higher from an accredited institution.
A minimum of five years of professional experience in a healthcare setting or with a provider of services to the healthcare industry is required.
Associate Degree or Equivalent
Candidates with an associate degree or equivalent from an accredited institution must demonstrate seven years of professional experience in a healthcare setting or with a provider of services to the healthcare industry.
High School Diploma or Equivalent
Candidates with a high school diploma or equivalent must have accrued nine years of professional experience in a healthcare setting or with a provider of services to the healthcare industry.
Additionally, all candidates must have dedicated 3,000 hours or at least 50% of their full-time job responsibilities to healthcare risk management within the three years preceding the application.
Examination Details
The CPHRM exam assesses a candidate’s knowledge and expertise across various domains of healthcare risk management. The exam is designed to evaluate the skills and competencies necessary to excel in this critical field. Key details about the exam include:
Exam Format
The CPHRM exam consists of 110 multiple-choice questions, of which 100 are scored, and 10 are pretest questions that do not count toward the final score.
The total testing time is two hours.
Exam Domains
The content of the CPHRM exam is divided into five primary domains:
Clinical and Patient Safety
Legal and Regulatory
Risk Financing
Claims and Litigation
Healthcare Operations
Delivery Options
In-Person Testing: Candidates can take the exam at approved PSI testing centers across the United States.
Live Remote Proctoring: This option allows candidates to complete the exam online from a location of their choice, provided they meet the technical requirements for remote proctoring.
Exam Fees
The exam fee is $275 for members of the American Society for Healthcare Risk Management (ASHRM) and $425 for non-members.
Preparation Resources
Achieving the CPHRM credential requires thorough preparation. To assist candidates, the AHA-CC and ASHRM offer a variety of resources designed to enhance understanding and readiness. These include:
CPHRM Exam Preparation Guide
This comprehensive guide covers all five domains of the exam, providing in-depth explanations of key concepts, terminology, and practice scenarios. It includes a 110-question practice exam to help candidates assess their knowledge and identify areas for improvement.
CPHRM Exam Preparation Flashcards
Designed to reinforce critical concepts, these flashcards are a convenient and effective tool for exam preparation.
Online CPHRM Self-Assessment Exam
This 100-item online test simulates the actual certification exam, providing candidates with an opportunity to familiarize themselves with the format and evaluate their readiness.
ASHRM Educational Programs
ASHRM offers webinars, workshops, and conferences tailored to the needs of healthcare risk management professionals. These programs provide valuable insights and practical knowledge applicable to the CPHRM exam and beyond.
Recent Updates
The AHA-CC regularly reviews and updates the CPHRM exam to reflect changes in healthcare risk management practices and standards. As of January 2, 2020, the exam specifications were revised to align with the latest industry trends and best practices. Key updates include:
Revised Content Outline
The exam now emphasizes emerging topics in patient safety, data security, and regulatory compliance.
Enhanced Preparation Materials
Updated study guides and practice exams are available to reflect the new content outline and exam format.
Flexible Testing Options
The introduction of live remote proctoring provides greater accessibility for candidates, enabling them to take the exam from a location that suits their needs.
Recertification Process
The CPHRM credential is valid for three years. To maintain certification, professionals must fulfill one of the following recertification requirements:
Continuing Education Credits
Document 45 qualifying contact hours of continuing education in healthcare risk management within the three-year certification period.
Re-Examination
Successfully pass the CPHRM exam again to renew the credential.
Recertification Fees
The renewal fee is $135 for ASHRM members and $225 for non-members.
Importance of CPHRM Certification
Earning the CPHRM credential offers numerous benefits, including:
Professional Recognition
The CPHRM certification is widely recognized as a mark of excellence in healthcare risk management, enhancing professional credibility and career advancement opportunities.
Skill Development
Preparing for the CPHRM exam helps candidates deepen their understanding of critical risk management concepts and practices.
Networking Opportunities
CPHRM certification connects professionals to a community of like-minded individuals, fostering collaboration and knowledge sharing.
Compliance and Best Practices
Certified professionals are better equipped to navigate the complex regulatory environment and implement best practices in their organizations.
Conclusion
The CPHRM certification is a valuable credential for healthcare risk management professionals seeking to demonstrate their expertise and commitment to the field. With the latest updates to the exam and preparation resources, candidates are better equipped than ever to achieve this prestigious certification. By meeting the eligibility requirements, leveraging available study materials, and staying informed about recent changes, aspiring CPHRMs can position themselves for success and contribute meaningfully to the advancement of healthcare risk management practices.
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