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

News | Accounting and Financial Reporting
GASB is seeking volunteer organizations to test new governmental accounting standard rules.
Save
On Demand Webinar | Update | Accounting and Financial Reporting
The new Stark law and Anti-Kickback Statute changes provide exciting new opportunities to providers to better coordinate care. But with these new opportunities come new areas of compliance that will need to be addressed. This session will p...
Save
On Demand Webinar | Overview | Accounting and Financial Reporting
Learn how to leverage an internal audit function at your healthcare organization. Whether your organization already engages in internal audit activities, is considering an internal audit function or you want to learn about the role of an in...
Save
On Demand Webinar | Update | Accounting and Financial Reporting
This session will offer a review of new legal and compliance issues in the pandemic, as well as explore other issues of major legal importance that deserve focus.<div><br></div><div>Original Live Date: HFMA Digital Annual Conference (6/24/2...
Save
On Demand Webinar | Intermediate | Accounting and Financial Reporting
The CARES Act provided a number of different funding streams to healthcare providers in a very short amount of time. This left the industry with many questions regarding appropriate accounting and financial reporting for these funds. Former...
Save
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

Related Courses | Accounting and Financial Reporting

On Demand Webinar | Intermediate | Revenue Cycle

Living in a price transparent world

Increasing federal and state regulations are causing many hospitals to struggle to stay up to date with ever-changing coding and compliance rules, as well as developing and maintaining a defensible and transparent pricing strategy. This presentation is designed to address the regulatory requirements for satisfaction. We will also address next steps for you to consider when preparing for upcoming price transparency requirements. With the help of a hospital revenue cycle leader, we will dive into the challenges providers face and discuss solutions for tackling the complexities of living in a price transparent world.

On Demand Webinar | Basic | Coronavirus

The CFO Checklist: Financial strategy & forecasting during COVID-19

The COVID-19 pandemic is causing major economic disruptions and has left many health systems struggling to find ways to drive cash supply and forecast budgets. The ability to pivot and prepare a financial operating plan that provides a path toward solid financial footing and support from banks, rating agencies, and stakeholders represents a new discipline that will help to ensure your ability to carry out your mission - to save lives and maintain healthy communities. Presenters will discuss new financial planning and forecasting strategies that consider 90+ factors to help you validate and pressure test your forecasting models six-month, 12-month, three-year outlook.

Original Live Webinar Date: 7/24/20

On Demand Webinar | Basic | Revenue Cycle

Engaging a Multigenerational Workforce with Gamification

In an increasingly tight labor market, patient account representative engagement is more important than ever, especially in light of increased patient experience expectations. Engaging patient account representatives is challenging yet critical for every provider. Learn how one organization tackled this challenge through a multi-generational approach to gamificiation that can improve productivity and staff focus on organizational and individual goals, as well as reduce turnover. Understanding the tendencies of each generation can assist in creating pathways for representative engagement.


Original Live Date: HFMA Digital Annual Conference (7/17/2020)

On Demand Webinar | Basic | Patient Financial Communications

Addressing the Patient Financial Experience in Today's Challenging Healthcare Environment

This session will involve first-hand observations about today's consumer financial decision-making trends and explore insights from a recent survey of over 2,000 U.S. adults who visited a doctor or healthcare facility within the past year for routine, follow-up, or unplanned care, and will inform how to best address patient financial concerns.


Original Live Date: HFMA Digital Annual Conference (7/17/2020)