The Certified Healthcare Financial Professional (CHFP) Program Chapter
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The Certified Healthcare Financial Professional (CHFP) Program Chapter to add: DATE, PRESENTER NAME AND TITLE HERE
CHFP – Show Your Value Succeeding in today's high-value healthcare environment requires financial professionals, clinical and nonclinical leaders, and payers and others to have a broad range of business and financial skills, including: Business Acumen Collaboration Financial strategy Understanding future trends
CHFP – Driving Value In Your Career Credibility in the Marketplace (recognition) Enhances professional reputation Supports continued professional development Demonstrates a certain level of knowledge and skill Demonstrates a high level of commitment to the field of practice
Earning the CHFP The Business of Health Care Operational Excellence: Pursuing Strategy 1. 2. 3. 4. 5. 6. Working with the Stakeholders: Payers Physicians and others Providers Patients The Big Picture Accounting Principles Cost Accounting Principles Managing Financial Resources Strategic Financial Planning Looking to the Future: Trends
CHFP Program Objectives Strategic focus Focus is on Learning, not demonstrating expertise and experience Relevant to broader industry Practical business savvy
CHFP Content Outline Module I: The Business of Healthcare Healthcare Finance: The Big Picture Financial Accounting Concepts Cost Analysis Principles Strategic Financial Issues Managing Financial Resources Looking to the Future
CHFP Content Outline Module II: Operational Excellence “Direct Question” Case Study Content area: Contemporary Provider, Payer and Physician business challenges Focus: Application of Module I concepts Awareness of issues Ability to synthesize learnings - application Understanding environment factors Display range of knowledge
Tips for Learning Concept Guide Identifies key concepts, terms and applications that you must know for the endof-module examination Utilize the guide
Earning the CHFP Successfully complete the End of Module 1 Examination 75 multiple choices questions to be completed in 90 minutes And Successfully complete Module 2 Examination Handle 8 case studies, each with 7 multiple choice questions 56 questions to be completed in 3 hours
CHFP Program Registration Access CHFP registration via the HFMA website CHFP Modules hosted via the HFMA LMS CHFP course access through your HFMA eLearning account Cost – Module I - All-Access HFMA Members: No charge. Non-member: 399 Module II - All-Access HFMA Members: No charge, included with AllAccess membership
Retaining CHFP Maintenance Required 60 hours in a 3 year maintenance reporting period Active membership Retest is an option
Why Not Begin Now? Add the CHFP after your name
Resources Available Resources Online FAQ’S HFMA National Website www.hfma.org\CHFP Local Chapter Website HFMA National Career Services Department [email protected] or call (800) 252-4362 and ask for Career Services
Q&A Questions and Discussion