Operational Excellence Exam - Module II of CHFP
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
Promote Yourself: Accounting & Finance
This program provides an overview of healthcare accounting and finance to strengthen competencies in understanding payment models and revenue management. It consists of 14 courses, each with its own assessment:
- An Overview of Budgeting and Forecasting
- Budgeting and Forecasting
- Understanding IRS Form 990
- Medicare and Medicaid Reimbursement Systems
- Cost Analysis and Management
- Financial Reporting: Revenue and Assets
- Financial Planning and Budgeting
- Accounting Oversight and Internal Control
- Capital Planning and Financing
- Financial Reporting: Relationships and Procedures
- Financial Reporting: Liabilities and Long-Term Debt
- Investments and Cash Management
- Reimbursement and Managed Care
- Malpractice Insurance and Risk Management
How reliable cost data supports strategic decision making at ProHealth Care
The demand for sound, fact-based decision making has never been greater as hospitals and health systems face increasing pressures to improve care quality and outcomes while reducing costs. During this webinar, we will share insights on how to generate cost accounting data that is precise and reliable and fully transparent across the organization.
Hear a senior Finance executive from Wisconsin-based ProHealth Care describe how access to service line reporting, cost category detail reporting and dashboards has enhanced decision making for leadership and how profitability and cost information is being shared in the health system beyond a typical operating statement.
HFMA Business of Health Care® (for CME)
Whether you are a clinician, physician, finance or health plan leader, nurse, therapist, dentist, or pharmacist, HFMA Business of Health Care® was designed to give you an essential understanding of the complex ecosystem your day-to-day operations are part of. That understanding can help you use your knowledge and skills more effectively to improve patient care and health outcomes.
As important, it can enable you to contribute to the critical conversations and decision-making that are changing the industry and how you work in it.
Participants who successfully complete the six-course sequence and the final evaluation of knowledge may qualify to earn continuing education credits. All participants who meet the program's requirement receive a course completion certificate - recognition they can use to advance in their career and demonstrate their commitment to excellence.
Title: HFMA Business of Health Care®
Original Release Date: 3/1/2016
Renewal Date: 4/1/2019
Expiration Date: 3/31/2020
You have access to this course for one year from purchase date
HFMA Business of Health Care online study materials PIM cost: $299
Estimated time to complete activity: 14 hours
Hardware and software needed to participate in the activity:
Windows versions XP and above, and MAC OS X 10.5 Leopard and above
Internet Explorer: We have officially supported IE 7 and up (although please note that Microsoft has itself warned against versions older than IE 8.0)
Mozilla Firefox: most recent two public versions
Chrome and Safari: more recent two public versions
eLearning Course Requirements:
Adobe Shockwave Player - http://get.adobe.com/shockwave/
Adobe Flash Player - http://get.adobe.com/flashplayer/
Java - http://www.java.com/en/download/index.jsp
For CME/CE questions, contact Postgraduate Institute for Medicine at www.pimed.com
The online course is hosted by Healthcare Financial Management Association and the exam is hosted by Postgraduate Institute for Medicine.