Succeeding in today's high-value healthcare environment requires financial professionals, clinical and nonclinical leaders, and payers and others to have a broad range of business and financial skills, including:
- Business acumen
- Financial strategy
- Understanding future trends
The CHFP is geared toward financial professionals, clinical and nonclinical leaders, and payers—all those whose jobs require a deep understanding of the new financial realities of health care. The CHFP is earned and awarded upon successful completion of two distinct phases:
Module I - Business of Health Care: Participation and successful end-of-course assessment of the HFMA Business of Health Care® online program offering participants an overview of healthcare finance, risk mitigation, evolving payment models, healthcare accounting and cost analysis, strategic finance, and managing financial resources.
Module II - Operational Excellence: CHFP aspirants must also complete HFMA's Operational Excellence exam, which includes exercises and case studies on the application of business acumen in health care.
Please note HFMA membership is a required aspect for earning and maintaining the CHFP credential.