IMPROVE HEALTHCARE FINANCIAL COMPETENCY

Learn the Financial Essentials from the Healthcare Industry’s Leading Organization and Prepare for HFMA Certification

With pay-for-performance, value-based purchasing (VBP), staffing shortages, and increased competition, increasingly healthcare providers with the best financial management achieve superior clinical and business outcomes, as well as better HCAHPS ratings. Superior financial management is the direct result of superior competency of your financial managers. The HFMA Finance Suite is the most comprehensive curriculum for healthcare financial managers, covering a wide range of topics from regulatory compliance, cost analysis, budgeting, and reimbursement to accounts receivables management and physician practice management. Containing five distinct libraries, these courses are ideally suited to both new hires and as a refresher for experienced finance professionals. HFMA’s Finance Suite is derived from the Study Guide used as preparation for the Certified Healthcare Financial Professional (CHFP) exam. This is a highly valued certification and survey results have demonstrated a strong relationship between certification and career advancement.

Impact:

Acquire and Maintain a Breadth of Healthcare Industry Knowledge

• Standardize orientation training for new hires
  
• Help experienced professionals remain well-versed on current topics
  
  

Avoid healthcare regulatory compliance risks and violations

• Manage the bottom line while adhering to regulatory protocols
  
  

Prepare for the CHFP Certification Exam

• Specifically designed to help learners succeed on both the core exam and specialty exams
  

Features:

• Comprehensive suite containing 5 libraries with 60 courses, totaling over 72 hours of material
  
• Suitable for both new-hire and refresher training for experienced staff
  
• Industry, peer-reviewed education directly from the leader in the field
  
• Complemented by the HFMA Cost Control Suite

This course is essential for:

• Finance personnel orientation programs
  
• HFMA certification preparation - Certified Healthcare Financial Professional (CHFP)
  
• Process improvement initiatives

This course supports:

• Professional development programs
  
• Employee retention improvement initiatives

Suite Outline:

Core Finance Essentials
Healthcare Industry Overview
Cost Analysis and Management
Financial Analysis Techniques
Accounting Concepts and Principles
Internal Control
Capital Planning and Financing
Budgeting
Strategic Planning
Investments and Cash Management
Information Systems
Patient Financial Services/Revenue Cycle
Corporate Compliance
Regulatory Environment
Health Information Management and Case Management
Quality and Patient Safety
Management Skills
Human Resources Management
Legal Aspects in Health Care
Physician Practice
HFMA Overview

Accounting and Finance
Cost Analysis and Management
Financial Planning and Budgeting
Capital Planning and Financing
Investments and Cash Management
Internal Control
Financial Reporting, Accounting Principles, and Auditing
Regulatory Environment and Corporate Compliance
Employee Benefits, Insurance, and Risk Management

Patient Financial Services
Organizational Forecasting
Accounts Receivable Management
Financial Analysis Techniques
Information Technology
Policy, Planning, and Evaluation
Access Management
Claims Processing
Managed Care
Laws and Regulations
Physician Entities
Other Related Entities

Physician Practice Management
Physician Coding and Payment Systems
Encounter Processing
Accounts Receivable: Collections, Policy, and Evaluation
Information Systems
Budgeting and Benchmarking
Cost Analysis and Management
Physician Compensation and Leadership
Integrated Health Systems and Managed Care
Insurance and Risk Management
Legal and Regulatory Issues
Other Management Issues

Managed Care
Overview of Managed Care
Healthcare Delivery System
Financial Management
Managed Care Operations
Contracting and Negotiating
Medical Management
Regulation and Accreditation
Forces Driving State and Federal Health Policy
Medicare and Medicaid

Subject Matter Experts
The Finance Suite was created by the experts at the Healthcare Financial Management Association.

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