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.
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.
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
Preliminary CPE: This course is estimated to be eligible for 10.0 hours of CPE when the course activities are completed at the minimum required level (including completion of all modules review questions and completion of a program evaluation) prior to the expiration date of the course materials (one year after purchase). CPE will not be issued if the required documentation is submitted after the expiration of the course materials. The course is in the final stages of pilot testing and CPE credit has been estimated. Once the credit has been finalized, you will be notified if the recommended credit is lower than this estimate.
Refund Policy: Refunds will be granted only for requests made within two weeks of the order date.
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 addressed to The National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417, Web site: www.nasba.org