Cost:

Free for HFMA Members
$399 for Non-members

Audience:

Hospitals and Other Providers
Physicians and Other Practitioners

Career level:

Experienced Professional
Mid-Senior

Recommended for:

Billing
Healthcare Revenue Integrity
Physician Practice
Revenue Cycle

Delivery Method:

QAS Self Study

Advance Preparation:

None

Field of Study:

Finance: 4.5 hours
Specialized Knowledge: 7.0 hours

Prerequisites:

None

Course Availability:

18 Months

Certification | Overview | Physician Practice Revenue
The CSPPM recertification program is recommended for active, eligible, HFMA CSPPM certificants with an upcoming maintenance due date of May 31, 2020. Not sure when your CSPPM expiration date is? Sign in, click your profile image in the uppe...
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How To | Physician Practice Revenue
Health systems seeking to acquire physician practices should first develop a thoughtful physician acquisition strategy that considers factors such as whether the focus will be on primary care physicians or specialists and the extent to whic...
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How To | Physician Practice Revenue
Thoughtful strategies surrounding physician practice acquisition can help set the stage for success.
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How To | Physician Practice Revenue
Physician specialty practices face the daunting task of recalibrating their revenue cycle management processes to optimize their financial performance under value-based care.
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Q&A | Physician Practice Revenue
At what size should a medical practice consider hiring a controller and what is the current salary for such a position?
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Certification | Intermediate | Physician Practice Revenue

Certified Specialist Physician Practice Management (CSPPM)

Certification | Intermediate | Physician Practice Revenue

Certified Specialist Physician Practice Management (CSPPM)

Description

Get recognized as a leader in physician practice management when you earn HFMA's Certified Specialist Physician Practice Management (CSPPM) certification.

With a focus on revenue cycle activities that enhance contemporary physician practice management, those who earn this certification will also gain specialist-level knowledge related to budget preparation, financial projections, cost accounting, managing information systems, and evaluating and negotiating payer contracts.

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

Course outline:
Physician Coding and Payment Systems
Encounter Processing
Accounts Receivable: Collections, Policy, and Evaluation
Information Systems
Budgeting and Benchmarking
Cost Analysis and Management
Physician Compensation and Leadership
Integrated Health Systems and Managed Care
Insurance and Risk Management
Other Management Issues
Legal and Regulatory Issues

Assessment information:
This 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 did on the questions from each course module of the online program.

Estimated course completion time: 10 - 12 hours
After this program, you'll be able to..
  • Identify the key contributory elements of evaluation and management services
  • Define ratios valuable in monitoring financial performance of a practice
  • Identify processes for evaluating a contract
  • Identify elements of strategic planning and the role of marketing
Online program last updated: 5/24/2018

Related Courses | Physician Practice Revenue

On Demand Webinar | Basic | hfma:content/topic/strategic_partnershipsmergersandacquistions

Getting the full value out of your transaction/acquisition plan

As the health care industry continues to consolidate, health system leaders are facing increasing pressure to aggressively acquire scale. With opportunities including acquisition or divestiture of individual hospitals, health systems, and physician practices, the M&A landscape has become even more complex. Additionally, shrinking margins and changing payment mechanisms also put greater pressure on realizing the expected value of a transaction through strategic, operational, and financial alignment.

This webinar will explain strategies for achieving the full value of your transaction by exploring frameworks and case studies for developing transaction value and defining strategic intent; conducting value focused diligence across 6-8 high value areas; and transitioning from deal planning and execution to integration planning and implementation.

We will present approaches to develop a replicable playbook that addresses that continuum, from due diligence and deal structure, Day 1 Readiness planning, and post-merger integration approaches. In addition to sharing some tested methodologies to enable achievement of the strategic and operational premise of any transaction, we will also share lessons learned from more challenging, and even failed transactions.

Original live webinar date: 11/19/19

On Demand Webinar | Overview | Revenue Cycle

The road to analytics: Where are providers today? Where are they headed?

The near-crisis our industry is facing right stems in part from analytical stagnancy during a time when analytics are most critical. Doing the "same old, same old" is no longer an acceptable option for market viability in the future. Generating return on analytics has been a constant challenge and unmet need - fueled by both internal resistance as well as technology limitations. HFMA and EPSi collaboratively identified those most pressing issues and jointly fielded a survey of healthcare finance professionals to shed light on analytics-related challenges and opportunities in an effort to uncover where providers are headed.

Original live webinar date: 10/29/2019

Certification | Overview | Physician Practice Revenue

Certified Specialist Physician Practice Management Recertification

The CSPPM recertification program is recommended for active, eligible, HFMA CSPPM certificants with an upcoming maintenance due date of May 31, 2020. Not sure when your CSPPM expiration date is? Sign in, click your profile image in the upper right corner, select My Development, and then click on the Certifications tab near the center of your page. You'll see your certifications along with their expiration date.

HFMA requires that eligible CSPPM certificants gain competence in the physician practice management arena by taking a short assessment every two years. This program provides healthcare organizations with a means to ensure that their staff has the body of knowledge necessary to meet their demands.

CSPPM recertification course outline:

  • Encounter Processing
  • Accounts Receivable: Collections, Policy, and Evaluation
  • Budgeting and Benchmarking
  • Integrated Health Systems and Managed Care

Assessment information:
This online program includes the above recertification courses and a recertification assessment. The assessment has 50 multiple choice questions and you have 90 minutes to complete it in one sitting. The passing score is 70%. If you do not pass on the first attempt, there is a mandatory 30-day waiting period. Please keep this in mind, as the deadline to complete the recertification assessment (to maintain your certification) is May 31, 2020.

On Demand Webinar | Basic | Revenue Cycle

Advancing decision support at Wake Forest Baptist Health

As a nationally-recognized academic medical center in Winston-Salem, N.C., Wake Forest Baptist Health wanted to advance their decision support data to enable their team of financial, clinical, technology, and other specialty staff in both their academic and non-academic medical center.

Leveraging data governance, enhanced pharmaceutical data for costing, and alignment between professional and technical activity, the organization was able to define and standardize their solution across the enterprise, implementing and iterating to educate analysts across the organization.