Cost:

Free for HFMA Members
$399 for Non-members

Audience:

Hospitals and Other Providers
Business Partners

Career level:

Experienced Professional
Mid-Senior

Recommended for:

Financial Planning
Treasury
Budgeting
Accounting
Auditing
Cost Containment

Delivery Method:

QAS Self Study

Advance Preparation:

General knowledge and familiarity with cost accounting principles, budgeting concepts, cash management, financial reports, and internal control concepts

Field of Study:

Accounting: 3.5 hours
Finance: 10.5 hours

Prerequisites:

Two or more years in health care is recommended

Course Availability:

18 Months

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Certification | Intermediate | Accounting and Financial Reporting

Certified Specialist Accounting and Finance (CSAF)

Certification | Intermediate | Accounting and Financial Reporting

Certified Specialist Accounting and Finance (CSAF)

Description

Get recognized as a valued contributor to your organization's financial performance when you earn HFMA's Certified Specialist Accounting and Finance (CSAF) certification.

Those who earn this certification have demonstrated mastery in reading and analyzing financial reports and statement, risk-sharing arrangements, managed care contracts, and profitability ratios.

Available online, 24/7, this certification, online program, certification maintenance, and digital badging related costs are all included in HFMA membership.

Course Outline:
Cost Analysis and Management
Reimbursement and Managed Care
Financial Planning and Budgeting
Capital Planning and Financing
Investments and Cash Management
Accounting Oversight and Internal Control
Financial Reporting: Liabilities and Long-Term Debt
Financial Reporting: Relationships and Procedures
Medicare and Medicaid Reimbursement Systems
Fraudulent Acts and Other Compliance Risks
Malpractice Insurance and Risk Management
Financial Reporting: Revenue and Assets

Assessment information:
The online program includes the course modules listed above and a certification assessment. The assessment has 75 multiple choice questions and you have 90 minutes to complete it in one sitting. The passing score is 70%. If you do not pass the assessment on the first attempt, there is a mandatory 30-day waiting period. You'll have access to the exam summary and the course modules while you wait for your next attempt. The exam summary will show you how you did on the questions from each course module of the online program.

Estimated course completion time: 12-14 hours

If you need to recertify, please click here.

Note: If you are an HFMA member and currently registered for this program and need additional time because it is expired or expiring soon, please email elearning@hfma.org to request an extension.
After this program, you'll 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
Online program last updated: 5/24/2018

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