The Healthcare Finance Core Curriculum serves as the comprehensive body of knowledge for the healthcare financial management profession. It was developed following extensive research into the skill set needed currently by management-level professionals in healthcare finance. 

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The curriculum helps individuals prepare for the examination leading to the Certified Healthcare Financial Professional (CHFP) designation. It also serves as a program of study that offers a thorough overview of knowledge and skills needed by management and aspiring executive level healthcare financial professionals. The Core Curriculum eLearning courses can be viewed on a desktop or a laptop.

Benefits:

  • Authoritative content developed by HFMA healthcare finance experts
  • A complete body of knowledge in healthcare financial management
  • Includes the latest developments in healthcare finance, including impact of healthcare reform
  • New design and many interactive elements
  • Printable resources to keep for later reference
  • Comprehensive glossary

The Healthcare Finance Core Curriculum e-learning courses present the following topics and subtopics:

Module 1 a and b: Revenue Cycle  

  • Data collection (demographic, financial, clinical, authorization, verification)
  • Charge capture and recording of clinical events
  • Clinical documentation and coding
  • Bill generation
  • Accounts receivable posting
  • Collections/reimbursement (coordination of benefits, charity care/bad debt policy, credit balances)

 Module 2: The Disbursement Function

  • Payroll
  • Cash flow
  • Materials management
  • Accounts payable

 Module 3: Budgeting and Forecasting  

  • Budgetary control
  • Strategic planning
  • Medical practice budgeting
  • Components of a budget
  • Budgeting methods
  • Cost behaviors
  • Ratio analysis and financial analysis techniques

 Module 4: Internal Control

  • Administrative controls
  • Accounting and financial controls
  • Internal auditing
  • Regulatory compliance (HIPAA, EMTALA, Stark, Sarbanes-Oxley)
  • Billing compliance
  • Information technology system validation

 Module 5 a and b: Financial Reporting

  • Accounting methods
  • Statements of operations / income statements
  • Balance sheet
  • Financial statement presentation
  • Ratio analysis
  • Variance analysis
  • Responsibility accounting
  • Cost patterns
  • Break-even analysis
  • Costing approaches

 Module 6: Contract Management

  • Contract types
  • Contract execution
  • Assessing the contract
  • Contract negotiation
  • Reimbursement provisions
  • Evaluation models
  • Provider / payer contracts
  • Medicare risk contracts
  • Operationalizing and monitoring contracts

Pricing
HFMA members: $249
Non-HFMA members: $299

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 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. Please provide HFMA with your comments within two weeks of beginning the program. 

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Healthcare Financial Management Association Educational Foundation is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.