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  • Total Questions: 215
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Health Plan Finance and Risk Management AHM-520 Exam

Health Plan Finance and Risk Management AHM-520 Exam is designed by the Academy of Health Care Administration (AHM) and sponsored by the US Health Insurance Plans and the Blue Cross Blue Shield Association. AHM is a self-study examination based program. AHM-520 Exam validates candidate has the ability to get a comprehensive look at the Health Insurance Plan Fund. This exam also verifies the candidate has a strong understanding of financial management techniques, funds, risk management, provider payment, project risk, pricing, care, and rating methods.

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Who should take the AHM-520 exam

  • Case administrators and medical directors who inquire a broader administrative background
  • Teachers at the school level who teach health care administration
  • Employees who work for health care providers or health insurance plans and want to get the educational background to proceed with a management position in the industry
  • Financial executives working with clients looking to maximize their health dollars
  • Agents and brokers who expert in life and health insurance
  • Medical management employees working in hospitals, health systems, and, health insurance plans

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How much AHM-520 Exam Cost

The price of the AHM-510 exam is 220 USD for AHIP members and 280 USD for non-members.

What is the duration of the AHM-520 Exam

  • Number of Questions: 215
  • Format: Multiple choices, multiple answers
  • Length of Examination: 90 minutes

Reference: https://www.ahip.org/courses/health-plan-finance-and-risk-management-ahm520

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AHIP AHM-520 Exam Syllabus Topics:

SectionObjectives
Provider Payment Models- Value-based payment
  • 1. Shared savings arrangements
    • 2. Financial incentives and provider risk
      - Traditional and alternative reimbursement
      • 1. Fee-for-service
        • 2. Capitation
          Risk Assessment and Risk Management- Risk identification and evaluation
          • 1. Operational and financial risk
            • 2. Insurance risk
              - Risk mitigation strategies
              • 1. Risk adjustment
                • 2. Predictive modeling
                  Actuarial Principles and Forecasting- Forecasting methods
                  • 1. Scenario modeling
                    • 2. Financial planning
                      - Actuarial concepts
                      • 1. Cost projection
                        • 2. Reserve estimation
                          Claims Analysis and Utilization Management- Claims data analysis
                          • 1. Cost drivers
                            • 2. Trend analysis
                              - Utilization management
                              • 1. Cost containment strategies
                                • 2. Efficiency improvement
                                  Regulatory and Compliance Framework- Healthcare regulations
                                  • 1. Affordable Care Act requirements
                                    • 2. State insurance regulations
                                      - Governance and reporting
                                      • 1. Compliance oversight
                                        • 2. Regulatory reporting
                                          Health Plan Financial Structures- Revenue sources and premium development
                                          • 1. Administrative and medical cost allocation
                                            • 2. Premium setting principles
                                              - Financial reporting
                                              • 1. Financial statements
                                                • 2. Performance measurement
                                                  Medical Loss Ratio and Compliance- Medical Loss Ratio concepts
                                                  • 1. Regulatory thresholds
                                                    • 2. MLR calculation
                                                      - Compliance requirements
                                                      • 1. Rebate requirements
                                                        • 2. Reporting obligations

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