The critical role of accounting and finance requires technical competencies used in decision support for all areas of healthcare management, compliance and development. 

This certification program covers:

  • Responsibility accounting and its importance
  • Types of cost behaviors
  • Modeling a capitation contract
  • Types of risk-sharing arrangements in managed care contracts
  • Types of excess loss insurance for a managed care contract
  • Capital investment evaluation techniques
  • Role of ratio analysis in determining an appropriate level of debt burden
  • Types of profitability ratios


  • Explain the importance of cost accounting in a healthcare organization
  • Explain the primary purpose and other specific uses of a cash budget
  • Explain the characteristics and purpose of an internal control procedure
  • List typical current liabilities found in a healthcare organization
  • Explain the mechanics of Prospective Payment System reimbursement and the services covered under the diagnosis related group payment
  • Determine the appropriate amount of contribution to be made in a self-insurance trust each year
  • Classify trust fund assets in financial statements
  • Describe the areas where exposure to risk is greatest in the healthcare organization environment
  • Identify established functions in risk control
  • List the different kinds of financial loss categorized as risk in the hospital
  • Describe employers’ obligations to provide post-employment benefits
  • State when to recognize the expense associated with post-retirement health benefit plans
  • Explain what methods should be used to account for post-retirement benefits 

Course Information 

Pricing: $400 (HFMA members & non-members)

Level: Intermediate

Prerequisites: None

Experience: Two or more years in the healthcare industry is recommended

Advance Preparation: None

Course Availability: One year from start date

Designed For: Accounting professionals in healthcare finance management

Instructional Method: Self-study

Format: Online

Approximate Time to Complete: 15 hours

Add to Cart   My HFMA Learning

Read additional information about CPEs for CPA licenses and education credits for HFMA certification maintenance.