Financial CHFP Exam (page: 4)
Financial Certified Healthcare Professional (CHFP)
Updated on: 15-Feb-2026

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Which one of the following systems is used to classify inpatients based o their diagnoses, used by both Medicare and private insurers?

  1. Diagnosis-related groups
  2. Proactive payments system
  3. Payment insurance group
  4. None of the above

Answer(s): A



A system that pays providers a specific amount in advance to care for defined health care needs of a population over a specific period is called:

  1. Health care system
  2. Prospective payments system
  3. Global payment system
  4. Capitation

Answer(s): D



Risk pool is:

  1. A generally small population of individuals who are all uninsured under the same arrangement, regardless of working status
  2. A generally large population of individuals who are all insured under the same arrangement, regardless of working status
  3. A generally large population of groups who are all uninsured under the different arrangement, regardless of working status
  4. A generally small population of individuals who are all insured under different arrangement, regardless of working status

Answer(s): B



A system to pay providers whereby the fees for all providers are included in a single negotiated amount is called:

  1. Single member per month payment
  2. Global payment
  3. Revolutionary payment
  4. Ambulatory payment

Answer(s): B



Which organizations are the third party entities that contract with multiple hospitals to offer cost savings in the purchase of supplies and equipment by negotiating large-volume discounted contract with vendors?

  1. Cost saving organizations
  2. Global payment organizations
  3. Group purchasing organizations
  4. Cost-accounting organizations

Answer(s): C



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Share your comments for Financial CHFP exam with other users:

Ashok Kumar 1/2/2024 6:53:00 AM

the correct answer to q8 is b. explanation since the mule app has a dependency, it is necessary to include project modules and dependencies to make sure the app will run successfully on the runtime on any other machine. source code of the component that the mule app is dependent of does not need to be included in the exported jar file, because the source code is not being used while executing an app. compiled code is being used instead.
Anonymous


Merry 7/30/2023 6:57:00 AM

good questions
Anonymous


VoiceofMidnight 12/17/2023 4:07:00 PM

Delayed the exam until December 29th.
UNITED STATES


Umar Ali 8/29/2023 2:59:00 PM

A and D are True
Anonymous


vel 8/28/2023 9:17:09 AM

good one with explanation
Anonymous


Gurdeep 1/18/2024 4:00:15 PM

This is one of the most useful study guides I have ever used.
CANADA