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AHM-540 Exam Dumps - Medical Management

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Exam Code: AHM-540

Exam Name: Medical Management

Certification Provider: AHIP

Certification Exam Name: AHIP Certification

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AHM-540: Medical Management Study Material and Test Engine

Last Update Check: Feb 27, 2024

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AHIP AHM-540 Exam FAQs

Introduction of AHIP AHM-540 Exam!

AHIP AHM-540 is an exam that tests a person's knowledge of health insurance and managed care. It is administered by the American Health Insurance Plans (AHIP) and is designed to assess a person's understanding of the principles and practices of managed care and health insurance. The exam covers topics such as managed care organization structure, health plan operations, health care delivery systems, and health care financing.

What is the Duration of AHIP AHM-540 Exam?

The AHIP AHM-540 exam is a two-hour exam.

What are the Number of Questions Asked in AHIP AHM-540 Exam?

There are a total of 60 questions on the AHIP AHM-540 exam.

What is the Passing Score for AHIP AHM-540 Exam?

The passing score required for the AHIP AHM-540 exam is 70%.

What is the Competency Level required for AHIP AHM-540 Exam?

The AHIP AHM-540 exam is a certification exam for health insurance professionals. It is designed to assess the knowledge and skills of individuals who work in the health insurance industry. The exam covers topics such as health insurance regulations, health care reform, health insurance products, and health care delivery systems. To pass the exam, individuals must demonstrate a comprehensive understanding of the health insurance industry and its related topics. The competency level required to pass the AHIP AHM-540 exam is intermediate.

What is the Question Format of AHIP AHM-540 Exam?

The AHIP AHM-540 exam has a single multiple-choice question format.

How Can You Take AHIP AHM-540 Exam?

The AHIP AHM-540 exam is available in both online and testing center formats. The online format requires candidates to create an account on the AHIP website, pay the exam fee, and then answer questions from a predetermined set of questions. The testing center format requires candidates to register for the exam at an approved Prometric Test Center, pay the exam fee, and then take the exam at the testing center.

What Language AHIP AHM-540 Exam is Offered?

The AHIP AHM-540 exam is offered in English.

What is the Cost of AHIP AHM-540 Exam?

The AHIP AHM-540 exam is offered for a fee of $199.

What is the Target Audience of AHIP AHM-540 Exam?

The Target Audience of the AHIP AHM-540 Exam is healthcare professionals such as case managers, physician advisors, utilization managers, and other health care professionals interested in gaining a better understanding of healthcare reimbursement.

What is the Average Salary of AHIP AHM-540 Certified in the Market?

The average salary for professionals with AHIP AHM-540 certification varies widely depending on their experience, industry, and geographical location. Generally, professionals with AHIP AHM-540 certification can expect to earn anywhere from $60,000 to $90,000 per year.

Who are the Testing Providers of AHIP AHM-540 Exam?

The American Health Insurance Plans (AHIP) does not provide testing for the AHIP AHM-540 exam. Candidates for the AHIP AHM-540 exam must self-study and register for the exam through the AHIP website.

What is the Recommended Experience for AHIP AHM-540 Exam?

The recommended experience for AHIP AHM-540 exam is at least three years of experience in the health insurance field. This experience should include knowledge of the Medicare Advantage and Part D programs and experience in areas such as marketing, operations, and compliance.

What are the Prerequisites of AHIP AHM-540 Exam?

The AHIP AHM-540 Exam has no prerequisites. However, AHIP recommends that candidates have at least a basic understanding of the healthcare industry and Medicare before attempting the exam.

What is the Expected Retirement Date of AHIP AHM-540 Exam?

The official website for AHIP AHM-540 exam is https://www.ahip.org/certification/. You can find the expected retirement date for the exam on this page.

What is the Difficulty Level of AHIP AHM-540 Exam?

The AHIP AHM-540 exam is considered to be of moderate difficulty. It requires a thorough understanding of the material and adequate preparation time to achieve a passing score.

What is the Roadmap / Track of AHIP AHM-540 Exam?

AHIP AHM-540 Exam is a certification track and roadmap for health insurance professionals. It is designed to help them understand the fundamentals of health insurance and how to apply them in their daily work. The exam covers topics such as health insurance terminology, health insurance plans, health insurance regulations, and health insurance claims processing. Passing the exam is a prerequisite to obtaining the AHIP AHM-540 certification.

What are the Topics AHIP AHM-540 Exam Covers?

The AHIP AHM-540 exam covers topics related to healthcare finance, reimbursement, and policy.

1. Healthcare Finance: This topic covers the fundamentals of healthcare finance, including the financial environment, financial accounting, and financial analysis.

2. Reimbursement: This topic covers the different types of reimbursement methods, including fee-for-service, managed care, and capitation.

3. Policy: This topic covers the different aspects of healthcare policy, including regulations, laws, and the impact of policy on healthcare organizations.

4. Risk Management: This topic covers the basics of risk management, including risk assessment, risk mitigation, and risk management strategies.

5. Quality Improvement: This topic covers the fundamentals of quality improvement, including quality assurance, quality improvement initiatives, and quality improvement tools.

6. Healthcare Information Technology: This topic covers the basics of healthcare information technology, including electronic health records, data analysis, and health information exchange

What are the Sample Questions of AHIP AHM-540 Exam?

1. What is the purpose of the Medicare Advantage Open Enrollment Period (MA OEP)?
2. What are the eligibility requirements for Medicare beneficiaries to enroll in a Medicare Advantage plan?
3. What are the differences between Medicare Parts A, B, and C?
4. How do Medicare Advantage plans differ from Original Medicare?
5. What are the requirements for Medicare Advantage plan renewals?
6. What are the benefits of enrolling in a Medicare Advantage plan?
7. How do Medicare Advantage plans coordinate with Medicare Part D prescription drug coverage?
8. What are the different types of Medicare Advantage plans?
9. What is the role of the Centers for Medicare & Medicaid Services (CMS) in regulating Medicare Advantage plans?
10. What measures must Medicare Advantage plans take to ensure quality of care for their members?

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