Career Details

Certified Healthcare Financial Professional

Description

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 The CHFP is geared toward financial professionals, clinical and nonclinical leaders, and payers-all those whose jobs require a deep understanding of the new financial realities of health care. The CHFP is earned and awarded upon successful completion of two distinct phases: Module I - Business of Health Care: Participation and successful end-of-course assessment of the HFMA Business of Health Care® online program offering participants an overview of healthcare finance, risk mitigation, evolving payment models, healthcare accounting and cost analysis, strategic finance, and managing financial resources. Module II - Operational Excellence: CHFP aspirants must also complete HFMA's Operational Excellence exam, which includes exercises and case studies on the application of business acumen in health care.

Certifying Organization

Healthcare Financial Management Association

Details

If significant education or training is needed? Yes

If significant work experience is needed? Yes

Is an exam required? Yes

How many years until certification must be renewed? 2 year(s)

Certification can be renewed with Continuing Education Units? No

Certification can be renewed with re-examination? Yes

Certification can be renewed with Continuing Professional Development? No

Certification can be renewed in multiple ways? No

Certificates

Certificate name

Certified Revenue Cycle Professional

Certifying Organization

American Association of Healthcare Administrative Management

Type

A - Core

Certificate name

Certified Revenue Cycle Representative

Certifying Organization

Healthcare Financial Management Association

Type

B - Advanced

Certificate name

Fellow of the Healthcare Financial Management Association

Certifying Organization

Healthcare Financial Management Association

Type

B - Advanced

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