The critical role of accounting and finance requires technical competencies used in decision support for all areas of healthcare management. The course provides an overview of healthcare accounting and finance to strengthen these competencies and address financial reports and statements unique to healthcare. In addition, the program provides a practical overview of risk-sharing arrangements, managed care contracts and profitability ratios.

Program Objectives

After completing the Certified Specialist (CS): Accounting & Finance program you will be able to:

  • Compare various types of budgets
  • Identify types of cost behaviors
  • Recognize the types of risk-sharing arrangements in managed care contracts
  • Identify capital investment evaluation techniques

This certification program consists of 12 courses. There is 1 final assessment that covers content from all 12 courses.

Course Information 

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

Instructional Method: Self-study

Designed For: Accounting professionals in healthcare finance management, and those who have an accounting background but are new to the specific issues and regulations that are part of healthcare financial reports and statements.

Prerequisites: Two or more years in health care is recommended; general knowledge and familiarity with cost accounting principles, budgeting concepts, cash management, financial reports, and internal control concepts.

Fields of Study:

Accounting: 3.5 hours    Finance: 9.0 hours

12.5 hours total                  

Level: Intermediate 

Advance Preparation: None

Course Availability: One year from start date

Format: Online

Approximate Time to Complete: 12.5 hours

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

Our ironclad guarantee

HFMA stands behind the quality of our programming. If you are not satisfied, we will gladly refund your money or provide you with a credit certificate toward any future HFMA National educational programs or select products. Contact HFMA directly at 3 Westbrook Corporate Center, Suite 600, Westchester, IL 60154, Attn: Professional Development, or call (800) 252-4362, ext. 2 or email: Please provide HFMA with your comments within two weeks of beginning the program.