Financial CHFP Exam Questions
Certified Healthcare Financial Professional (CHFP) (Page 4 )

Updated On: 16-Feb-2026

Stark law sates that:

  1. Legislation enacted by HIPAA to guard against providers' ordering self-referrals for Medicare or Medicaid patients directly to any settings in which they have a vested financial interest.
  2. Legislation enacted by CMS to guard against providers' ordering self-referrals for Medicare or Medicaid patients directly to any settings in which they have a vested financial interest.
  3. Legislation enacted by CMS to guard against providers' ordering self-referrals for Medicare or Medicaid patients indirectly to any settings in which they have a vested financial interest.
  4. Legislation enacted by HIPAA to guard against providers' ordering self-referrals for Medicare or Medicaid patients indirectly to any settings in which they have a vested financial interest.

Answer(s): B



Which one of the following is NOT the factor of Uninsured?

  1. Health insurance premiums becoming too costly
  2. Requiring patients to pay for the part of their own care-up
  3. Individuals being screened out of insurance policies
  4. Employers feeling they cannot afford to continue to provide health insurance as a benefit

Answer(s): B



Concurrent review states that:

  1. Planning appropriateness and medical necessity of a hospital stay while the patient is in the hospital and implementing discharge planning.
  2. Monitoring appropriateness and medical necessity of a hospital stay while the patient is not in the hospital and try to implement discharge planning.
  3. Planning appropriateness and medical necessity of a hospital stay while the patient is not in the hospital and try to implement preadmission planning.
  4. Monitoring appropriateness and medical necessity of a hospital stay while the patient is in the hospital and implementing discharge planning.

Answer(s): D



Gatekeepers requiring a patient to obtain a referral from his or her primary care physician, the gatekeeper, before assign a specialist.

  1. True
  2. False

Answer(s): A



Requiring providers to have their capital expenditures preapproved by an independent state agency to avoid unnecessary duplication of services is referred to as:

  1. Preapproval certifications and opinions
  2. Preapproved payments
  3. Certificate of need
  4. State service reviews

Answer(s): C






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