Cheat sheet

FACHE Board of Governors Exam Cheat Sheet

Healthcare

15%of exam

Care Delivery ModelsLevels of CarePopulation HealthContinuum of Care

Management and Leadership

13%of exam

Leadership StylesChange ManagementSuccession PlanningTeam Building

Finance

12%of exam

Financial StatementsFinancial RatiosReimbursement MethodsRevenue Cycle

Human Resources

12%of exam

HR LawsStaffingPerformance ManagementLabor Relations

Laws and Regulations

9%of exam

EMTALAHIPAAStark LawFalse Claims Act

Quality and Performance Improvement

9%of exam

Quality FrameworksPDSAHCAHPSNever Events

Business

8%of exam

Strategic PlanningSWOT AnalysisMarketing MixContract Negotiation

Healthcare Technology and Information Management

8%of exam

EHRInteroperabilityTelehealthDisaster Recovery

Professionalism and Ethics

8%of exam

ACHE Code of EthicsFour PrinciplesConflict of InterestCultural Diversity

Governance and Organizational Structure

6%of exam

Governing BoardMedical Staff BylawsBoard CommitteesCredentialing

Quick Facts

Exam
FACHE Board of Governors
Credential
ACHE Fellow (FACHE)
Questions
230 (200 scored)
Time
6 hours
Pass Score
~65%
Format
MCQ, Pearson VUE
Level
Advanced / Executive
Blueprint
Aug 1, 2023

Continuum of Care Levels

Primary, Secondary, Tertiary, Quaternary, then Subacute

Primary: first contactSecondary: specialist careTertiary: subspecialty careQuaternary: experimental care

HMO vs PPO

HMO

  • PCP gatekeeper required
  • Referral needed for specialist
  • Lower premiums

PPO

  • No referral needed
  • Out-of-network allowed
  • Higher premiums

Restrictive vs flexible network

Care Delivery Models

HMO
Referral-based network, gatekeeper PCP
PPO
Flexible network, no referral
POS
HMO-PPO hybrid, PCP required
ACO
Shared savings, coordinated care
PCMH
Team-based primary care model
IDN
Single governance, multiple settings
CIN
Clinically integrated, separate ownership

Medicare vs Medicaid

Medicare

  • Federal, age 65+
  • Disability eligible too

Medicaid

  • Federal-state, low-income
  • Eligibility varies by state

Age/disability vs income

Levels and Continuum of Care

Primary care
First contact, prevention focus
Secondary care
Specialist care, community hospital
Tertiary care
Highly specialized subspecialty care
Quaternary care
Rare, experimental advanced care
Subacute care
Post-acute skilled nursing rehab
Hospice
End-of-life comfort care
CHNA
Community health needs assessment

Which Leadership Style Fits

  1. Team is new, unskilledDirective style(High structure)
  2. Team is experiencedDelegating style(Situational leadership)
  3. Need culture changeTransformational leader(Vision-driven)
  4. Routine, stable operationsTransactional leader(Reward/punishment)

Leadership Styles

Transformational
Inspires vision-driven change
Transactional
Reward and punishment based
Servant
Puts team needs first
Situational
Adapts to team readiness
Laissez-faire
Hands-off, high autonomy

Change and Planning Tools

Kotter's 8 Steps
Urgency through institutionalized change
Lewin's Model
Unfreeze, change, refreeze
SWOT
Strengths, weaknesses, opportunities, threats
Gantt Chart
Visual project timeline tracking
Succession Planning
Prepares internal future leaders

Which Reimbursement Model

  1. Pay per visitFee-for-service(Volume-based)
  2. Fixed per diagnosisDRG payment(Inpatient Medicare)
  3. Fixed per memberCapitation(Risk shifts to provider)
  4. Physician work valueRVU scale(RBRVS-based)
  5. One price, episodeBundled payment(Joint replacement example)

Financial Statements

Balance Sheet
Assets, liabilities, net assets
Income Statement
Revenue minus total expenses
Cash Flow Statement
Tracks cash in and out
Statement of Net Assets
Nonprofit equity snapshot

Financial Ratios

Current Ratio
Current assets over liabilities
Days Cash on Hand
Liquidity cushion in days
Operating Margin
Operating income over revenue
Debt Service Coverage
Cash available for debt

Reimbursement and Revenue Cycle

DRG
Fixed inpatient payment, Medicare
RVU
Physician work value unit
Fee-for-Service
Pay per service rendered
Capitation
Fixed payment per member
Bundled Payment
One price per episode
Revenue Cycle
Registration through payment collection

HR Laws

FMLA
Unpaid, job-protected leave
ADA
Requires disability accommodation
FLSA
Sets wage and overtime rules
Title VII
Bans employment discrimination
NLRA
Protects union organizing rights

Staffing and Performance

Turnover Rate
Separations divided by headcount
360 Review
Multi-rater performance feedback
Collective Bargaining
Union contract negotiation process
Succession Planning
Builds internal leadership pipeline

Stark Law vs Anti-Kickback Statute

Stark Law

  • Physician self-referral
  • Strict liability, no intent
  • Civil penalties only

Anti-Kickback Statute

  • Referral payment scheme
  • Requires criminal intent
  • Criminal and civil penalties

Referral vs payment intent

Which Healthcare Law Applies

  1. ED refuses to screenEMTALA(Screen, stabilize, transfer)
  2. Physician self-referral for profitStark Law(Strict liability)
  3. Kickback for referralsAnti-Kickback Statute(Requires intent)
  4. False Medicare billingFalse Claims Act(Whistleblower qui tam)
  5. Patient data breachHIPAA(Privacy and security)

Key Healthcare Laws

EMTALA
Screen and stabilize, ED
HIPAA
Privacy and security rules
Stark Law
Bans physician self-referral
Anti-Kickback Statute
Bans referral payment, intent-based
False Claims Act
Punishes fraudulent Medicare billing
ACA
Coverage expansion, value-based care
Joint Commission
Accreditation, grants deemed status

Donabedian Quality Model

Structure leads to Process leads to Outcome

Structure: resources/settingProcess: care deliveredOutcome: patient result

Lean vs Six Sigma

Lean

  • Eliminates waste
  • Speeds up flow

Six Sigma

  • Reduces defects
  • Uses DMAIC data

Speed vs precision

Which Quality Tool to Use

  1. Small rapid testPDSA cycle(One change at a time)
  2. Reduce process wasteLean(Value stream focus)
  3. Reduce defect variationSix Sigma(DMAIC method)
  4. Serious preventable eventRoot cause analysis(Find system failure)
  5. Measure patient experienceHCAHPS survey(Publicly reported)

Quality Frameworks

Donabedian Model
Structure, process, outcome
IHI Triple Aim
Health, experience, cost
PDSA Cycle
Plan, do, study, act
Lean
Eliminates process waste
Six Sigma
DMAIC reduces process defects

IHI Triple Aim

Better Health, Better Care, Lower Cost

Population healthPatient experiencePer capita cost

Quality Measures

HCAHPS
Patient experience survey score
Never Event
Serious, preventable reportable error
Sentinel Event
Unexpected death or harm
Root Cause Analysis
Finds underlying system failure
Core Measures
Standardized outcome benchmarks

PDSA Cycle

Plan, Do, Study, Act, repeat

Plan: design testDo: try changeStudy: check dataAct: adopt or adjust

Strategic and Business Planning

SWOT Analysis
Internal and external scan
Environmental Scan
Market and competitor review
Business Plan
Feasibility, market, financial case
Marketing Mix
Product, price, place, promotion
Contract Negotiation
Aligns terms, risk, value

HIPAA Privacy vs Security Rule

Privacy Rule

  • Covers all PHI forms
  • Use and disclosure limits

Security Rule

  • Covers electronic PHI only
  • Technical safeguards required

All PHI vs ePHI only

Health IT and Security

EHR
Electronic health record system
Interoperability
Systems exchange patient data
HIPAA Security Rule
Protects electronic PHI only
Telehealth
Remote virtual care delivery
Disaster Recovery
Restores systems after outage
Data Analytics
Informs operational decision-making

Four Ethics Principles

Autonomy, Beneficence, Nonmaleficence, Justice

Autonomy: patient choiceBeneficence: do goodNonmaleficence: avoid harmJustice: fair access

Ethics Principles

Autonomy
Patient self-determination right
Beneficence
Acting for patient benefit
Nonmaleficence
Avoiding causing patient harm
Justice
Fair resource distribution rule
ACHE Code of Ethics
Professional conduct standard
Conflict of Interest
Disclose competing personal interests

Governance vs Management

Board Governance

  • Sets strategy, oversight
  • Fiduciary duty

Management

  • Executes operations
  • Reports to board

Oversight vs execution

Governance Structures

Governing Board
Ultimate legal fiduciary authority
Medical Staff Bylaws
Rules for physician privileging
Corporate Bylaws
Governance rules and procedures
Board Committee
Focused oversight subgroup work
Credentialing
Verifies provider qualifications, licensure

Common Traps

Stark Law is not Anti-Kickback Statute

Stark = strict liability AKS = requires intent

HMO is not PPO

HMO needs referrals PPO allows out-of-network

Medicare is not Medicaid

Medicare = age/disability Medicaid = income-based

Never Event is not Sentinel Event

Never event = preventable list Sentinel = any serious harm

Lean is not Six Sigma

Lean = removes waste Six Sigma = removes defects

Privacy Rule is not Security Rule

Privacy = all PHI forms Security = electronic PHI only

Governance is not Management

Board sets strategy Executives run operations

Last Minute

  1. 1.Weights: Healthcare 15%, Leadership 13%
  2. 2.Finance and HR both 12%
  3. 3.Laws and Quality both 9%
  4. 4.Business, Tech, Ethics each 8%
  5. 5.Governance is lowest at 6%
  6. 6.230 questions, 200 scored total
  7. 7.Six-hour time limit, Pearson VUE
  8. 8.Passing score is about 65%
  9. 9.EMTALA requires screen and stabilize
  10. 10.Stark Law is strict liability
  11. 11.Anti-Kickback Statute requires intent
  12. 12.PDSA: Plan, Do, Study, Act
  13. 13.Triple Aim: health, experience, cost