Hey Connecticut – Let’s Get Certified!
HFMA’s certification programs are geared toward financial professionals, clinical and nonclinical leaders, and payers – all stakeholders whose jobs require a deep understanding of the new financial realities of health care while preparing you for increasingly responsible positions in the healthcare finance industry. CHFP ccertification provides a broad range of business and financial skills necessary to succeed in today’s healthcare environment. FHFMA recognizes members as ambassadors of the profession.
HFMA offers two levels of certification:
- Certified Healthcare Financial Professional (CHFP): The CHFP program (for current members of HFMA only) has been updated to provide the broad range of business and financial skills essential for succeeding in today’s high-value healthcare environment.The new CHFP program includes two modules (both modules must be successfully completed to earn the CHFP):
- Module I of the CHFP program titled the Business of Health Care provides an overview of healthcare finance, risk mitigation, evolving payment models, healthcare accounting and cost analysis, strategic finance, and managing financial resources.
- Module II of the CHFP Program: titled Operational Excellence contains exercises and case studies on the application of business acumen in health care learned in Module I.
The CHFP credential is awarded upon successful completion of the Module I end of course assessment and the successful completion of the Module II exam (case study exercises).
- Fellow of the Healthcare Financial Management Association (FHFMA):As recognized industry leaders, HFMA Fellows act as ambassadors to the profession by raising the standard of practice through consistent participation in professional development activities and service to the healthcare finance industry. Fellows can maintain their FHFMA designation by teaching courses, making presentations, publishing, participating in special interest groups or attending educational events. FHFMA is available only to recipients of the CHFP designation.
Certification Coaching Sessions for CHFP
To get you started on CHFP, below are six You Tube links reviewing each section of the Module I material and nineteen articles for review while preparing for Module II. After you have reviewed these free items you can purchase and register for the ELearning Module I series. Members can purchase the Module I ELearning series programs by clicking the link. After successfully completing and passing Module I you can purchase/register for the Module II exam/case study exercise.
Quizlet – an interactive application for CHFP or CRCR resources
- Go to: “App Store” – ipad/iphone
- Search: Quizlet
- Open application and save to device
- Type in: “CHFP” or “CRCR”
YouTube – CHFP Certification
Module 1 – Videos and Self Assessment
Lesson 1: The Big Picture
Lesson 2: Financial Accounting Concepts
Lesson 3: Cost Analysis Principals
Lesson 4: Strategic Financial Issues
Lesson 5: Managing Financial Resources
Lesson 6: Looking to the Future
Module II Articles
- Assesing Health Plan Ownership
- Partnering with Payers? Key Lessons to Keep in Mind
- Setting the Right Path and Pace for Integration
- Leveraging Mergers or Affiliations to Achieve Transformation
- ACOs and the Quest to Reduce Costs
- Health Care’s New Game Changer: Thinking Like a Health Plan
- Preparing to Succeed in a Retail Healthcare Environment
- The 6 Lenses of Population Health Management
- Aligning with Physicians to Regionalize Services
- Organizing for the “Second Curve”: Combining Health Plans and Provider Systems
- How Healthcare Organizations Can Strengthen an Affiliation Without Merging
- 2015 and Beyond: 6 Predictions for Health Care and Population Health
- 9 Steps to Effective Population Health Management
- ACOs: From Unicorns to Pacesetters in Four Years
- Preparing for Bundled Payments in Health Care
- Implementing Value-Based Physician Compensation: Advice from Early Adopters
- Building the Right Physician Platform
- Finding the “Sweet Spot” in Value-Based Contracts
- Assessing the Value in Transactions Involving Multi-Provider Networks