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 professional or business partner all-access membership is a required aspect to hold and maintain the CHFP credential.
Paid student members are eligible to register for and to take both modules of the CHFP certification program (included with membership). Student members who successfully complete the CHFP requirements (two modules) will earn their designation upon assuming Professional or Business Partner level member status. Students can upgrade their membership by using a promo code at check out for a discount on annual dues. For one year of membership, use code GRADMEM1 to reduce dues to $200; for two years of membership, use code GRADMEM2 and pay only $400.