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ASHRM CPHRM

CPHRM

Exam Code: CPHRM

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

Updated: Oct 22, 2026

Q&A Number: 123 Q&As

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ASHRM CPHRM Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • Risk Financing: This domain covers managing financial risks through insurance programs, claims coordination, loss analysis, and developing strategies to reduce financial exposure.
Topic 3
  • 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 4
  • 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 5
  • 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.

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

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

Question #1
The Patient Safety and Quality Improvement Act of 2005 includes provisions to
* amend the Public Health Service Act to establish procedures for the voluntary confidential reporting of medical errors.
* enable the creation of patient safety organizations PSOs.
* require mandatory reporting to PSOs.
* classify patient safety work product reported to PSOs as privileged and confidential.

A. 1, 3, and 4 only
B. 1, 2, and 4 only
C. 1, 2, and 3 only
D. 2, 3, and 4 only


Question #2
Which sentinel event type has been reported among the most frequent categories in Joint Commission-related analyses (noting year-to-year variation)?

A. Falls (recent years show high frequency)
B. Cafeteria food complaints
C. Parking disputes
D. Gift shop inventory loss


Question #3
Which of the following documents will an insurance underwriter use to provide an insurance quote?

A. application
B. declaration page
C. certificate of need
D. certificate of insurance


Question #4
A claims manager needs to open a loss reserve and perform an investigation of an event. They review the patient demographics, the nature and extent of the injury, and other liability factors. Which of the following would be helpful to the claims manager in determining a loss reserve?

A. the patient's total medical bills
B. comparable verdicts in the county
C. amount of insurance allowed per occurrence
D. the surgery center's claims history


Question #5
Which of the following best describes the appropriate scope of a risk manager's involvement in community disaster preparedness?

A. Quantify risk exposures associated with implementing the disaster plan.
B. Calculate the value of human resources, equipment, and supplies consumed, with reimbursement to be obtained from FEMA.
C. Analyze liability risks arising from patient harm sustained due to strained or inadequate resources during a mass-casualty event.
D. Incorporate emergency management into a comprehensive enterprise risk management plan designed to conserve and protect organizational assets.


Solutions:

Question #1
Correct Answer: B
Question #2
Correct Answer: A
Question #3
Correct Answer: A
Question #4
Correct Answer: B
Question #5
Correct Answer: D

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