FAHM study plan
FAHM · Give each week a clear focus.
8 weeks · About 6 hours per week
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
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
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
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
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
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
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
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