ACHE FACHE STUDY GUIDE

Weekend Two Day
Study Plan

3 Step FACHE Exam Prep
01
WATCH VIDEOS
02
READ STUDY SET
03
TAKE PRACTICE TESTS

Your Weekend Two Day Study Plan
Okay, with your exam approaching soon, let's craft a focused and effective weekend study plan for the ACHE FACHE Board of Governors Exam.
This plan assumes you've already done some foundational studying and are now looking to maximize your preparation in these final days.
This plan prioritizes active recall, practice, and strategic review.
Saturday:
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Morning (9:00 AM - 12:00 PM): Focused Review of Challenging Areas:
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Identify the 2-3 knowledge areas where you consistently struggle on practice questions or feel least confident.
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Dedicate a focused 3-hour block to re-reviewing the core concepts, definitions, models, and frameworks within these areas using your ACHE reference manual and notes.
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Example: If Financial Management and Healthcare Law are challenging, spend time understanding key accounting principles, reimbursement models, and important legal and regulatory frameworks (HIPAA, Stark Law, Anti-Kickback Statute).
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Lunch Break (12:00 PM - 1:00 PM): Relax and recharge.
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Afternoon (1:00 PM - 5:00 PM): Practice Exam Session:
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Take a full-length practice exam under realistic, timed conditions. Simulate the actual exam environment as closely as possible (no distractions, limited breaks).
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Tip: If you have access to multiple practice exams, use one now. If not, focus on a comprehensive set of practice questions.
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Evening (5:00 PM - 7:00 PM): Initial Review of Practice Exam:
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Immediately after the practice exam, take a break, then do an initial review.
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Focus on identifying the questions you got wrong and broadly categorize them by the 10 knowledge areas. Don't get bogged down in detailed analysis yet.
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Note any recurring themes or types of questions you struggled with.
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Sunday:
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Morning (9:00 AM - 1:00 PM): In-Depth Practice Exam Analysis and Targeted Review:
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Dedicate a significant block of time to a thorough analysis of the practice exam you took on Saturday.
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For each incorrect answer, understand why you got it wrong. Was it a misunderstanding of the concept, misreading the question, or a knowledge gap?
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Refer back to your reference manual and notes to solidify your understanding of the concepts tested in the questions you missed.
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Do additional focused practice questions in the areas where you showed weakness on the practice exam.
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Example: If you missed questions on Quality and Performance Improvement, review topics like Lean, Six Sigma, PDSA cycles, and quality metrics.
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Lunch Break (1:00 PM - 2:00 PM): Relax and refuel.
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Afternoon (2:00 PM - 5:00 PM): High-Yield Review and Strategy:
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Review key definitions, models, and frameworks across all 10 knowledge areas. Focus on high-yield topics that are frequently tested.
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Think about how different concepts intersect and apply to various healthcare scenarios.
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Refine your test-taking strategies: time management, how to approach challenging questions, when to eliminate options, and when to make an educated guess.
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Review ethical principles and their application in healthcare leadership.
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Evening (5:00 PM onwards): Light Review and Relaxation:
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Do a final, light review of key terms, acronyms, or formulas if you find it helpful.
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Avoid intense studying. Focus on relaxing, getting organized for the week ahead, and ensuring you have everything you need for your exam (if it's scheduled early in the week).
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Key Strategies for Weekend Study:
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Minimize Distractions: Create a dedicated study environment where you won't be interrupted. Turn off notifications on your phone and computer (unless needed for study resources).
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Active Recall: Instead of just rereading material, try to recall information from memory and then check your notes for accuracy. Use techniques like flashcards or summarizing concepts in your own words.
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Application over Memorization: Focus on understanding how concepts apply to real-world healthcare management scenarios. The exam often tests your ability to analyze situations and apply your knowledge.
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Time Management Practice: During your practice exam, strictly adhere to the time limits to build your pacing and endurance.
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Stay Hydrated and Take Breaks: Short breaks during long study sessions can help maintain focus and prevent burnout.
Remember to tailor this plan to your specific needs and the areas where you need the most improvement.
This weekend is crucial for solidifying your knowledge and building confidence before the exam. Good luck!
Step 1: Watch Videos
ACHE FACHE Prep Videos
ACHE FACHE Prep Videos


BOG Week 1 - 27Apr2024

BOG Week 2 - 4May2024

BOG Week 3 - 11May2024
Step 2: Read Board of Governors Study Set
Introduction to the Financial Management of Healthcare Organizations, Eighth Edition Eighth edition
by Michael Nowicki (Author)
To succeed in an increasingly competitive environment, healthcare managers require a full toolbox of knowledge and abilities. Yet, many managers lack financial skills or an understanding of how to apply them to their work. Introduction to the Financial Management of Healthcare Organizations offers a fundamental overview of how financial management works in healthcare organizations. Designed for healthcare management students, clinical students, and managers new to healthcare, the book reinforces basic concepts through mini-case studies, practice problems, and self-quizzes. A comprehensive case at the end of the book draws on information presented throughout the chapters to help readers apply their newfound financial skills to real-world healthcare scenarios. This heavily revised edition features current data and updated content on economics, financial accounting, laws, and regulations. Organized into modules, the book allows instructors to use the chapters that are best suited to their course and in the order that they prefer. Chapter one appendices highlight introductory content and terminology exploring statistics, economics, and financial accounting.
The Well-Managed Healthcare Organization
by Kenneth R. White (Author)
The Well-Managed Healthcare Organization is an essential text in healthcare management courses. Throughout its previous nine editions, the book has offered management fundamentals and theories, presenting them within the context of current healthcare delivery trends and scenarios for various settings. Students learn how to apply evidence-based practices that lead to high performance in healthcare organizations. Written in a more approachable tone, this extensively revised tenth edition describes the new standard of practice for many types of healthcare organizations (HCOs). Each chapter shares updated Practice Applications designed to promote active learning and highlight appropriate responses to common issues and challenges. New content in the book includes: • New and emerging issues faced by HCOs, such as the effects of the COVID-19 pandemic, increased workforce shortages, and a demand for services that exceeds capacity • Strategies for increasing employee engagement The Well-Managed Healthcare Organization offers foundational content and evidence-based practices for reaching excellence in quality, patient satisfaction, individual engagement, and sound financial performance.
Human Resources in Healthcare: Managing for Success, Fifth Edition Fifth Edition
by Carla Jackie Sampson PhD (Editor), Bruce J. Fried PhD (Editor
The unprecedented events of 2020 exposed many of the hidden flaws in the healthcare system that harm not only patients but also healthcare employees and their well-being. Anti-racism movements demanded that healthcare organizations reframe their diversity and inclusion initiatives. The COVID-19 pandemic forced systems to respond to worker strain, stress, and burnout. These events and others have reinforced the need for a dynamic and constantly evolving approach to human resources in healthcare. Human Resources in Healthcare: Managing for Success addresses the key realities and trends in healthcare human relations. The topics explored provide readers with a solid foundation for working effectively with people in healthcare organizations. The book’s aim is to equip managers with the conflict management and problem-solving skills necessary to apply sound human resources policies. This fifth edition includes three new chapters based on recent developments. One explores burnout and worker well-being in the changing healthcare landscape and in the face of a pandemic. Another focuses on diversity, inclusion, and belonging, offering problem-based cases and a tool for diversity strategy development. The third addresses worker retention, as millennials and Generation Z become a larger share of the workforce. Other changes in this edition include: updates on the increasing use of technology and its effect on the employer–employee relationship; vignettes in each chapter that challenge students with difficult ethical dilemmas; human resources metrics that support a diversity strategy and effectiveness in retention and hiring; and expanded instructor resources that include teaching notes for ethical scenarios and discussion questions. Recognizing change in the healthcare workforce is only the first step. This book elevates managers to the next step: expertly adapting and succeeding in the face of change.
Information Technology for Healthcare Managers, Ninth edition 9th Edition
by Gerald L. Glandon (Author), Donna J. Slovensky (Author), Detlev H. Smaltz (Author)
Though healthcare is largely technology driven, the deployment of health information technology (HIT) has occurred in waves rather than a steady flow, and usually in response to government mandates. This emergent HIT strategy has culminated in highly complex and dynamic systems crafted over many years using products from multiple vendors. Healthcare organizations are now focused on big data aggregated from myriad data-producing applications both in and beyond the enterprise. Healthcare leaders must position themselves to leverage the new opportunities that arise from HIT’s ascendance and to mine the vast amount of available data for competitive advantage. Where can they turn for insight? With the unique advantage of both academic and real-world experience in HIT leadership, the authors of Information Technology for Healthcare Managers blend management theory, cutting-edge tech knowledge, and a thorough grounding in the healthcare applications of technology. Opinions abound on technology’s best uses for society, but healthcare organizations need more than opinion—they need knowledge and strategy. This book will help leaders combine tech savvy with business savvy for sustainable success in a dynamic environment.
Step 4: Take Practice Tests
Healthcare
15% of exam
30 questions
Human Resources
12% of exam
24 questions
Business
8% of exam
16 questions
Governance & Org Structure
6 % of exam
12 questions
Management & Leadership
13% of exam
26 questions
Laws & Regulations
9% of exam
18 questions
Healthcare Technology
8% of exam
16 questions
Finance
12% of exam
24 questions
Quality & PI
9% of exam
18 questions
Professionalism & Ethics
8% of exam
16 questions
Practice Exam:
BOG Practice Exam
BOG Practice Exam Answers
Flash Cards: