Health care risk management certification programs often vary from one academic institution to another, however, there are traditional guidelines to be aware of that are in place for entry into these programs.
Application and Candidate Handbook
The CPHRM, or Certified Professional in Health Care Management application, is a standard process of applying for entrance into the program. This application process, which was designed by The American Hospital Association (or AHA), is distributed in the form of a Candidate Handbook. The handbook was developed to assist prospective applicants and serves as a guidebook for the entire application process.
Eligible applicants normally have a combination of both educational and work experience, the following is a list of requirements:
Educational and Health Care Work Experience
- A minimum of a Baccalaureate degree, in addition to five (5) years of work experience in a health care setting or with a provider of services to the health care industry.
- Associate degree or equivalent plus seven (7) years of experience in a health care setting or with a provider of services to the health care industry.
- High school diploma or equivalent plus nine (9) years of experience in a health care setting or with a provider of services to the health care industry.
Risk Management Experience
- 3,000 hours or 50 percent of full-time job duties within the last three years dedicated to health care risk management in a health care setting or with a provider of services (e.g. consultant, broker, attorney) to the health care industry.
Program or Course Length and Content
Health care risk management certification programs generally last anywhere from 80 to 180 hours, with a typical program ranging somewhere in the middle, at 120 hours. The actual certification exam is made up of 110 multiple-choice questions. Importance is paid to the candidates ability to recall or recognize specific information and the ability to comprehend, relate or apply their knowledge to new or changing situations. Attention is also paid to the candidates ability to analyze and synthesize information in order to determine solutions and/or evaluate the usefulness of any given solution. The score is based upon 100 of the questions. 10 of the questions are ‘trial’ questions or ‘pretest’ questions that are dispersed throughout of the entirety of the exam. Candidates are allows up to 2 hours to complete the exam.
Career Benefits of Certification
During the course of these programs, you will learn about general risk management methods, health care risk management administration, enterprise of risk management, and knowledge of federal, state and local laws. You will acquire an in depth knowledge that will equip you to identify exposures to risks in a health care setting, as well as be able to implement risk control techniques. Additionally, you will learn about patient safety issues, as well as compliance regulations in many other aspects of health care risk management. A certification in health care risk management is a prestigious educational addition and with make you an asset to any health care facility, providing you with increased opportunities for growth and promotion, as well as the ability and option to become a self-employed consultant within the health care industry.