FAHM study materials
FAHM study resources

FAHM study plan

FAHM · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Healthcare Leadership and Organizational Governance & Healthcare Finance, Reimbursement, and Revenue Cycle

  • Map the governance structures, board committees, and medical staff organization described in a sample hospital's bylaws

  • Differentiate the roles of governing body, CEO, CMO, and CNO in strategic and operational decisions

  • Trace the revenue cycle from patient registration through claim denial and appeal

  • Calculate key financial ratios (operating margin, days cash on hand, A/R days) from a provided financial statement summary

Your checkpoint

A one-page annotated diagram linking governance decision rights to revenue cycle accountability, plus a ratio calculation worksheet

Week 2

Healthcare Leadership and Organizational Governance & Healthcare Finance, Reimbursement, and Revenue Cycle

  • Compare fee-for-service, capitation, bundled payments, and value-based reimbursement models on risk and incentive

  • Explain Medicare prospective payment (DRG) and outpatient APC mechanics in plain language

  • Outline a board-level dashboard that integrates financial, quality, and compliance indicators

  • Apply a root-cause framework to a hypothetical budget variance scenario

Your checkpoint

A 10-slide board dashboard mockup with at least three financial and three non-financial indicators and a written variance analysis

Week 3

Health Law, Regulation, and Compliance & Quality Improvement and Patient Safety

  • Summarize key federal fraud and abuse statutes (Anti-Kickback, Stark, False Claims) and their practical triggers

  • Identify HIPAA privacy and security requirements that intersect with quality reporting

  • Apply a quality improvement model (PDSA or Lean) to a patient safety event scenario

  • Distinguish never events, hospital-acquired conditions, and reportable sentinel events

Your checkpoint

A compliance and quality crosswalk table mapping three regulatory requirements to corresponding quality metrics and monitoring controls

Week 4

Health Law, Regulation, and Compliance & Quality Improvement and Patient Safety & Health Information Management and Informatics

  • Describe the survey and accreditation process (CMS Conditions of Participation, Joint Commission) and common deficiency areas

  • Explain health information lifecycle: capture, coding, retention, release, and destruction

  • Evaluate interoperability standards (HL7, FHIR) and their role in quality measurement

  • Design a data governance structure for a clinical quality registry

Your checkpoint

A mock survey readiness checklist covering at least 15 items across law, quality, and information management, with a data governance one-pager

Week 5

Health Information Management and Informatics & Population Health and Care Management

  • Assess EHR meaningful use and promoting interoperability program requirements

  • Define population health management and risk stratification methods

  • Outline care management models (chronic care, transitional care, patient-centered medical home)

  • Interpret community health needs assessment data to prioritize interventions

Your checkpoint

A population health program brief for a hypothetical community, including risk stratification criteria, care management workflow, and two informatics dependencies

Week 6

Population Health and Care Management & Strategic Planning and Operations Management

  • Conduct a SWOT and environmental scan for a healthcare organization entering a value-based contract

  • Build a service line business case including demand forecast, capacity, and financial pro forma

  • Apply operations management tools (capacity planning, queuing, supply chain) to an outpatient clinic scenario

  • Align strategic initiatives with organizational mission and community benefit obligations

Your checkpoint

A two-page strategic business case with SWOT, pro forma, and an operational capacity plan for one service line

Week 7

Strategic Planning and Operations Management & Human Resources and Professional Development

  • Design an organizational staffing model using productivity benchmarks and skill mix

  • Outline a clinician and staff development program including onboarding, competency, and succession planning

  • Apply change management principles to a technology rollout

  • Evaluate compensation and engagement strategies that reduce turnover

Your checkpoint

A workforce plan for a 20-person department covering staffing ratios, competency timeline, and retention tactics

Week 8

Ethics, Equity, and Patient Engagement & Healthcare Leadership and Organizational Governance & Healthcare Finance, Reimbursement, and Revenue Cycle & Health Law, Regulation, and Compliance & Quality Improvement and Patient Safety & Health Information Management and Informatics & Population Health and Care Management & Strategic Planning and Operations Management & Human Resources and Professional Development

  • Analyze an ethical dilemma using a structured framework (e.g., four-box method) and articulate a defensible recommendation

  • Identify health equity metrics and interventions across access, quality, and outcomes

  • Design a patient engagement strategy that incorporates shared decision-making and grievance processes

  • Integrate all nine domains into a comprehensive case response under timed conditions

Your checkpoint

A timed 60-minute integrated case response (ethics/equity scenario plus one question from each remaining domain) with a self-scored rubric

Milestones

Week 2: Score at least 70% on a 30-question self-made quiz covering Domains 1 and 2, and complete the board dashboard mockup

Week 4: Pass a 40-question mixed quiz on Domains 3, 4, and 5 with 75% or higher, and finalize the survey readiness checklist

Week 6: Complete the population health brief and strategic business case, and score 75% or higher on a 30-question quiz covering Domains 6 and 7

Week 8: Achieve 80% or higher on the timed integrated case response and a 50-question cumulative practice exam