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ASHRM CPHRM

CPHRM

Exam Code: CPHRM

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

Updated: Nov 04, 2026

Q&A Number: 123 Q&As

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ASHRM CPHRM Exam Syllabus Topics:

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

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

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

Question #1
Which of the following factors should be considered when setting or adjusting indemnity reserves?
* incurred medical expenses
* emotional pain and suffering
* medical expert witness costs
* future cost of medical care

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


Question #2
According to The Joint Commission, which of the following should be done to patient-owned electrical devices entering the facility?

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


Question #3
Which condition must be met for a patient to no longer be protected by EMTALA obligations of the hospital?

A. The patient signs a satisfaction survey
B. The patient receives a diagnosis code
C. The patient provides a caregiver contact for discharge
D. The patient is admittedin good faithas an inpatient (or is stabilized/appropriately transferred as applicable)


Question #4
Which of the following is the most reliable measure of the effectiveness of an educational program?

A. observable changes in human behavior
B. reduced frequency of claims or suits
C. analysis of written evaluations
D. reduced severity of claims or suits


Question #5
A hospital risk manager has been called to the Neonatal Intensive Care Unit to discuss a 25-week premature infant whose parents are refusing a planned blood transfusion due to their religious beliefs. After gathering information on the infant's condition and hearing the parents and the healthcare professionals disagree on the best interests of the infant, the risk manager should

A. arrange for an ethics committee consultation to meet the parents and discuss the issue.
B. contact legal counsel to arrange for an emergency court hearing to obtain a court order from the state to intervene.
C. advise the care team to proceed with the blood transfusion.
D. prohibit the blood transfusion, respecting the parents' rights as substitute decision-makers for the infant.


Solutions:

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

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