Certified Professional in Health Care Risk Management (CPHRM): CPHRM Exam

"Certified Professional in Health Care Risk Management (CPHRM)", also known as CPHRM exam, is a ASHRM Certification. With the complete collection of questions and answers, UpdateDumps has assembled to take you through 123 Q&As to your CPHRM Exam preparation. In the CPHRM exam resources, you will cover every field and category in Advancing Health Care Risk Management Certification helping to ready you for your successful ASHRM Certification.

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  • Updated on: Oct 13, 2026
  • No. of Questions: 123 Questions & Answers

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  • Updated on: Oct 13, 2026
  • No. of Questions: 123 Questions & Answers

ASHRM CPHRM Exam Syllabus Topics:

TopicDetails
Topic 1
  • Legal and Regulatory: This domain focuses on ensuring compliance with healthcare laws and regulations, protecting patient information, managing reporting requirements, and supporting accreditation and regulatory responses.
Topic 2
  • Clinical
  • Patient Safety: This domain focuses on improving patient safety by promoting a safety culture, managing incident reporting, educating staff and patients, addressing ethical concerns, and implementing corrective actions to reduce risks and prevent harm.
Topic 3
  • Healthcare Operations: This domain involves managing operational risk activities such as conducting risk assessments, developing policies, coordinating risk programs, supervising staff, and supporting patient safety initiatives.
Topic 4
  • Claims and Litigation: This domain focuses on handling potential claims and legal cases, including claim reporting, litigation support, legal documentation management, and analyzing claims data to understand risk exposure.
Topic 5
  • Risk Financing: This domain covers managing financial risks through insurance programs, claims coordination, loss analysis, and developing strategies to reduce financial exposure.

Reference: https://www.ashrm.org/education/cphrm

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ASHRM Certified Professional in Health Care Risk Management (CPHRM) Sample Questions:

In preparing next year's budget, the hospital CFO has contacted the risk manager for a projected contribution to the hospital's professional and general liability self-insured retention fund. To respond to this request, the risk manager should refer to which of the following?

  • A. actuarial reports and loss runs
  • B. professional and general liability premiums
  • C. frequency and severity analyses of pending claims
  • D. total incurred losses for the current year
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Which of the following should be the primary consideration when designing a new risk management program for a facility?

  • A. size of the facility
  • B. mission and vision of the facility
  • C. type of insurance the facility carries
  • D. history of the facility
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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An HMO advertises it is "the best" and its physicians can manage any illness/injury. A patient relies on this and is injured. The patient might sue the HMO for:

  • A. Only OSHA violations
  • B. Only EMTALA penalties
  • C. Only weather damage
  • D. Apparent agency / negligent misrepresentation / vicarious liability (depending on facts and jurisdiction)
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Correct Answer: D  🗳️

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According to The Joint Commission, which of the following should be done to patient-owned electrical devices entering the facility?

  • A. inventory with patient belongings
  • B. sequester the electrical device
  • C. tag by biomedical engineering
  • D. conduct an electrical safety inspection
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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The due diligence process in acquisitions is undertaken to:

  • A. Avoid reviewing contracts
  • B. Reduce unanticipated costs and risks; support valuation and post-acquisition performance
  • C. Remove compliance requirements
  • D. Hide liabilities
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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