Browse by Topic
More than 40,000 members value HFMA's thought leadership and practical strategies. HFMA is where you need to be.
Get acquainted with the
healthcare finance industry's leading professional association. Find out why our
members rely on HFMA as their go-to source for insight and
Members have many
options for helping them advance their careers. Conferences, seminars,
eLearning, certification, and more -- our education and events will keep you
Connect the dots on today's big issues, explore collaborations, get career-boosting tips, and network with colleagues nationwide at the leading finance conference. Save $100 off the full conference rate when you register by May 8.
Real-time presentations with nationally recognized experts, networking opportunities, and industry solutions—no travel required!
Learn about timely healthcare finance topics and earn CPEs. Most live webinars are free for HFMA members and $99 for non-members. View the latest schedule.
If you're a subscriber to any of our three newsletters, you have access to online education. Learn more or subscribe.
Get the perspectives of leading healthcare finance professionals on today's hottest issues.
Information about leading vendors helps your buying decisions.
Forum members can network during live webinars or access a library of past webinars on topics such as bundled payment, charity care, and ICD-10.
An ever-expanding collection of spreadsheets, policies, job
descriptions, checklists, and more that you can adopt and adapt.
Forum members can submit vexing questions to a panel of experts
using our Ask the Expert service.
Your source for employment solutions.
Find new employment opportunities or
reach out to qualified candidates.
Distinguish yourself as a
leader among your peers and advance your career by earning certification in our
healthcare finance programs.
Get an objective third-party evaluation of products and services used in the healthcare finance workplace.
MAP App is a web-based application that helps organizations improve revenue cycle performance based on industry-standard metrics called MAP Keys.
Find suppliers and products in this comprehensive vendor directory for healthcare finance professionals.
Guidance for understanding and communicating about the price of health care.
Transformation toward value-based healthcare is reshaping the delivery of care, patient expectations, and payment structures.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
Question: I am trying to break into the healthcare financial industry. My end goal is a financial analyst position at a leading healthcare provider or payer. As for my experience, I am a Big 4 accounting firm alumni with two years of auditing/accounting experience. Although I do not have any direct healthcare-related work experience, I believe I have skills that can directly transfer to an analyst position. My primary concern is being screened out of the recruiting process.Answer 1: Thank you for your enthusiasm to pursue a position in healthcare finance. Although you may not have any direct healthcare experience, your Big 4 accounting experience is strength and a desirable career characteristic. My recommendation to pursue person-to-person introductions with healthcare finance professionals, and I would strongly suggest that you seek out the local HFMA chapter in your area and attend their events. HFMA local chapters generally have several well attended events throughout the year that offer tremendous networking opportunities. Additionally, the events will offer you an opportunity to augment your financial acumen with various healthcare finance topics that will be presented at these meetings.Furthermore, you may want to contact the board members of the local HFMA chapter and ask them for advice and guidance as this may offer additional opportunities for introductions. I wish you good luck in your transition into healthcare finance and hope these suggestions are helpful to you. This answered was provided by Craig Nesta is partner, TRG Healthcare, LLC, Philadelphia, and a member of HFMA’s Massachusetts-Rhode Island Chapter (firstname.lastname@example.org).
Answer 2: I am currently working on my 18th interim healthcare financial management project. This means I have had to find work at hospitals and physician practices repeatedly over my career. I have also observed how people have been hired by healthcare organizations where I have worked.I believe your goal should be to get as many interviews with healthcare financial executives in his geographic area as possible. Try to cast a wide net. I recommend that you contact every finance person you know in the healthcare industry who might be helpful to you. If your budget allows, try taking an executive who might be helpful to breakfast or lunch.I believe that human resource offices are generally not good places to start. Finance offices are best. This is because the decision to hire, or not, almost always lies with a healthcare finance executive. Usually human resources only provides assistance with background checks, salary offers, and related issues. Human resources at many healthcare organizations can be an impediment, not a help.Many HFMA chapters have websites with listings of job openings. Analyst positions are among the types of jobs that are often listed. At my chapter, the positions on the website often are opened and filled quickly. So you should try to check websites every day.The world is changing fast. I'm told great jobs appear regularly on Craig's List. I've never used it myself, but I'm told it works.Joining HMFA is a good way to get connected with people who can help you get interviews and be hired. If you want to take full advantage of the networking in HFMA, volunteer for one or more committees that are related to financial analysis. Attend the committee meetings. Help with educational programs. Write a short article in the newsletter or help with the production of the newsletter.When I first joined HFMA, I volunteered to sit at the registration desk for educational meetings. I got to meet a lot of people fast that way, especially people that I wanted to meet but otherwise had no way to connect. I also went to meetings early to talk informally with other early arrivals. I tried hard to connect with people at lunch. I stayed to the end of the meetings and sometimes would have a drink with others.I got a lot of jobs, without directly trying, through HFMA simply as a byproduct of the volunteer work that I did.In addition, I recommend that you find the most successful recruiters are in healthcare finance in your area. Contact each one. Make sure each has your resume. Try to sit down with a real person at each recruiting organization to make sure you are known.Interim or temp work can get a person in the door at some organizations. Consider that as well. Interim work tends to pay well. Temp work does not.Finally, consider taking a certification exam at HFMA. Sign up for an HFMA coaching course. You might meet a lot of helpful people that way, especially the people teaching the course. This answer was provided by Robert J. Ellertsen, FHFMA, is interim vice president finance/CFO, Cambridge Health Alliance Physicians Organization, Waban, Mass., and a member of HFMA’s Massachusetts-Rhode Island Chapter (email@example.com).
Do you have any additional advice related to this question? Share your views on this question—or pose another question to our Forum experts.
Tom Myers, chief strategy officer, The SSI Group, discusses the shifting payment environment and how it affects providers' patient access and claims management processes.
Jeff Chester, senior vice president and chief revenue officer at Availity, shares his thoughts on "Revenue Cycle 2.0" and how to best meet its challenges.
Mitch Morris, vice chair and global leader, healthcare, Deloitte, and Michael O'Rourke, senior vice president and chief information officer, Catholic Health Initiatives (CHI), share perspectives on the need for transformational IT in health care today.
Brian Kueppers, founder and CEO, Apex, discusses the importance of a robust patient payment strategy in boosting organization revenue and enhancing patient satisfaction.
Brian Grazzini, CFO, HealthPort, describes the importance of efficient and compliant information exchange and audit management in helping HIM staff spend less time on paperwork and more on mission-critical projects.
Cindy Matthews, executive vice president, Community Hospital Corporation, discusses how rural and community hospitals can use collaborative partnering to position for success through tough market conditions.
Rick Heise, senior vice president, revenue cycle, at Cerner Corporation, discusses the importance of integrating clinical and financial data to excel in health care’s changing payment environment.
Russ Graney, founder and CEO for Aidin, and John Laursen, head of business development for Aidin, share insights on how to improve care transitions between acute and post-acute care settings and incentivize high-quality patient outcomes.
Scott Elston, strategic accounts manager, GE Healthcare Services, describes how substantial cost reduction in health care requires rethinking business strategy and asset use.
Robert Williams, MD, director, Deloitte Consulting LLP, and Arielle Freiberger, product strategist, ConvergeHEALTH by Deloitte, explain how sophisticated retrospective, real-time, and predictive data analytics can inform decision making to reduce costs and improve care.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
HFMA's print, email, online, and mobile opportunities provide you maximum reach and impact. We will work with you to build a plan that meets your needs. Contact a sales rep.
©2015 Copyright Healthcare Financial Management Association
HFMA.org is best viewed using IE9 or the latest versions of Chrome, Firefox, and Safari.
Join HFMA today and enjoy: