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.
Suggested because Certified Healthcare Financial Professional applies to Medical and Health Services Managers. Confirm with the school that its curriculum covers this exam.
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