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How much do cphrm jobs pay per year?

As of Aug 29, 2026, the average yearly pay for cphrm in Virginia is $141,956.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,600.00 and $166,100.00 per year, depending on experience, location, and employer.

What is a CPHRM?

A CPHRM (Certified Professional in Healthcare Risk Management) job involves identifying, assessing, and mitigating risks within healthcare organizations to ensure patient safety, regulatory compliance, and financial security. Professionals in this role work to minimize liability, improve healthcare quality, and develop risk management strategies. They often collaborate with legal teams, administrators, and clinical staff to implement risk reduction policies and training programs.

What are the key skills and qualifications needed to thrive as a CPHRM?

To thrive as a Certified Professional in Healthcare Risk Management (CPHRM), you need a strong background in healthcare operations, risk assessment, and compliance, typically supported by a bachelor's degree and CPHRM certification. Familiarity with risk management information systems (RMIS), data analysis tools, and regulatory standards such as HIPAA is essential. Exceptional problem-solving, communication, and organizational skills help you effectively identify, mitigate, and communicate risks within healthcare environments. These competencies are crucial for ensuring patient safety, minimizing liability, and supporting continuous quality improvement efforts.

What are common challenges faced by CPHRMs in a healthcare organization?

CPHRMs often encounter the challenge of balancing organizational risk reduction with maintaining efficient patient care and staff workflows. They must stay updated on ever-changing healthcare regulations and ensure compliance across various departments, which can be complex and demanding. Collaborating with clinical teams, legal advisors, and executive leadership to implement risk mitigation strategies also requires strong negotiation and interpersonal skills. Successfully navigating these challenges is key to protecting both patients and the healthcare organization from liability and adverse events.

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The most popular types of Cphrm jobs in Virginia are:

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For Cphrm jobs in Virginia, the most frequently searched job titles are:

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Cphrm jobs near you
Infographic showing various Cphrm job openings in Virginia as of August 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 97% In-person, and 3% Hybrid job distribution, with an average salary of $141,956 per year, or $68.2 per hour.

Risk Management Analyst

Newport News, VA • On-site

Riverside Health System
Hospitals • 201 - 500 employees
Learn more about Riverside Health Systemexternal

$50K - $70K/yr

Full-time

Posted 11 days ago

Job description

Newport News, Virginia
Hiring Range
$50,900.00 - $70,025.00/AnnualActual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs.
Overview
Under the direction of Risk Management Leadership this role performs independent assessment of financial processes. Serves as a critical resource in the medical malpractice discovery process, anticipating in the development, education and maintenance of Risk Management program. Compiles, analyzes and evaluates data using investigative, statistical methods, benchmark data or other comparative measures. Audits and processes incoming defense invoices and settlements. Must use independent judgement in reviewing and assessing incoming data to ensure accurate payment.
What you will do
  • RHS MedInsur, Ltd. - manage international wire transfers and maintain accurate records detailing financial transactions with retained counsel and experts; use electronic resources to maximize productivity in financial record keeping
  • Collect critical insurance supporting documentation for the annual insurance renewal process. Use knowledge and independent judgement to determine the appropriate data.
  • Independently manage the Origami Risk Management platform with emphasis on building and maintaining the current status of PLGL claims
  • Collaborate with internal/external credentialing offices to provide evidence of coverage and claims histories
  • Responsible for maintaining the RHS Virginia Birth Injury - Neurological Injury Compensation provider data base. Ensure existing providers are renewed and new providers are added.
  • Audit and process incoming defense invoices and settlements. Must use independent judgement in reviewing and assessing incoming data to ensure accurate payment.
  • Serve as a critical resource in the medical malpractice discovery process, including but not limited to the production of medical records, incident reports, locating witnesses, and scheduling depositions and various other legal meetings
  • Serving as a notary for the organization
  • Supporting the addition and/or deletion of drivers from the health system's authorized drivers program
  • Communicates with external customers and assists with the resolution of grievances and complaints

Qualifications
Education
  • Bachelors Degree, Related Field (Required)

Experience
  • 2 years Working within an integrated Risk Management Program for a large health system (Required)
  • 3-4 years Experience with handling complex legal production requests (Preferred)

Licenses and Certifications
  • Certified Professional in Health Care Risk Management (CPHRM) - American Hospital Association Certification Center within 1 Year (Required)

To learn more about being a team member with Riverside Health System visit us at https://www.riversideonline.com/careers.

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