The Certified Healthcare Financial Professional (CHFP) Program Chapter to add: DATE, PRESENTER NAME AND TITLE HERE

In Case You Hadn’t Heard Excellent program! Course material was excellent – provides powerful guidance about the Business of Health Care Great Content Overall Love the use of case studies to validate the content Very well organized and informative HFMA CHFP certification was revised in 2015 to reflect the health care reform environment. Intent shifted from using certification to ratify experience and verify expertise to learning. Focus shifted from applied finance with emphasis on financial reporting to dynamics involved in a value-based payment environment. Objective of the change: having people understand the context that produces the number rather than the number alone by itself. The revised CHFP has enjoyed strong reviews from candidates.

You Probably Don’t Know Overall satisfaction 54% Excellent 41% Above Average Program met objectives 49% Excellent 47% Above Average The response to the program indicates that the CHFP is providing the necessary foundations for success as a finance leader. The CHFP offers a multidisciplinary approach to health finance, addressing the business issues of the industry stakeholder groups: payers, physicians and providers. HFMA is striving with the CHFP program to lead the industry be assisting health care finance professionals to develop fiscal literary and sound business judgment . Successful CHFP candidates have continually noted how the program helped then to “Connect the Dots”.

CHFP – Driving Value In Your Career Credibility in the Marketplace (recognition) Enhances professional reputation Supports continued professional development Demonstrates a certain level of knowledge and skill Demonstrates a high level of commitment to the field of practice Credibility (in the Marketplace) - Recognition by a third party (list credential on business cards, email signature) Enhances professional reputation (including career advancement and/or increased earnings) Supports continued professional development Demonstrates a certain level of knowledge and skill Demonstrates a high level of commitment to the field of practice Practically –how does the CHFP benefit you and your career? The CHFP will help you be developing your fiscal literacy – the understanding of how money words and is managed and it will help you make sound business judgments by examining the business environment in which you will apply that fiscal literacy. The CHFP provides a method for focusing on what’s truly important and aligning to that. When that alignment occurs, you transition into a value driver. Further, you will know why and how you operate as a value driver and can help others to do the same.

The Certified Healthcare Financial Professional (CHFP) The Business of Health Care Operational Excellence: Pursuing Strategy The Big Picture Accounting Principles Cost Accounting Principles Managing Financial Resources Strategic Financial Planning Looking to the Future: Trends Working with the Stakeholders: Payers Physicians and others Providers Patients The CHFP program is structured in two (2) modules: HFMA’s Business of Health Care and Operational Excellence: Pursuing Strategy. Module I consists of six courses-listed here; module two contains a series of randomize case studies examine payer, physician and provider business issues. 2 part structure: The Business of Health Care - Understanding the business environment from a finance perspective Operational Excellence - Providers, Physicians and Payee business challenges

CHFP Program Objectives Strategic focus Focus is on Learning, not demonstrating expertise and experience Relevant to broader industry Practical business savvy Purpose of the CHFP Program: learning, not demonstrating experience and expertise

CHFP Content Outline Module I: The Business of Healthcare Healthcare Finance: The Big Picture Financial Accounting Concepts Cost Analysis Principles Strategic Financial Issues Managing Financial Resources Looking to the Future Here is a high level outline of the content of the first module. A few items to note: The focus is on understanding the business environment from a finance perspective. Our profession's financial skills are situated into a broad perspective aimed at developing business acumen; The broader perspective is the business realities for payers and physicians as well as providers A fundamental business assumption in building the content: CHFPs will have to work in a collaborative, multidisciplinary workplace resulting from the transformation of care.

CHFP Content Outline Module II: Operational Excellence “Direct Question” Case Study Content area: Contemporary Provider, Payer and Physician business challenges Focus: Application of Module I concepts Awareness of issues Ability to synthesize learnings - application Understanding environment factors Display range of knowledge Outline for module II – Operational Excellence – payer, physician and provider business concerns. Utilizes case studies to present candidates the opportunity to see real-world business situations and test their ability to apply the learning gained in Module I. This module encourages multi-disciplinary thinking and appreciation of other professional’s business concerns.

Tips for Learning Concept Guide Identifies key concepts, terms and applications that you must know for the end- of-module examination USE IT The Concept Guides are available in the eLearning course materials as part of the purchase price. Module I - The Business of Health Care is designed as an online learning experience. Each course is designed to assist you in learning at your own pace. There are brief knowledge demonstration exercises through each course as well as a quiz to conclude each course. Additionally, once you have completed all courses, there is a comprehensive examination to validate your knowledge. In addition, there is a Concept Guide that can be used as a study guide as you review each course. The guide includes answers to the learning exercises. Module II – Operational Excellence This preview (guide) indicates the key business challenges that will be presented and attunes candidates to areas of professional practice that may be less familiar. The concept guide can then be used to focus additional outside reading and study on unfamiliar issues.

Earning the CHFP Successfully complete the End of Module 1 Examination 75 multiple choices questions to be completed in 90 minutes And Successfully complete Module 2 Examination Handle 8 case studies, each with 7 multiple choice questions 56 questions to be completed in 3 hours The CHFP- Certified Healthcare Financial Professional - is awarded upon the successful completion of both modules’ examinations as noted here. The examinations are part of the online course and may be taken in a office or at home. Both examinations are 4 part multiple choice question format. There is a 30 day waiting period to retake the exam if necessary. The exam may be taken as many times as needed to successfully complete the program (within the 12 month access period).

CHFP Program Registration Access CHFP registration via the HFMA website CHFP Modules hosted via the HFMA LMS CHFP course access through your HFMA eLearning account Costs - Total = $700 Member: Module I - $400 Member, $545 Non-Member (includes membership) Module II - $300 Member only HFMA Regular Membership is required to take Module II and to hold the designation. Student Membership is not acceptable. LMS= Learning Management System (HFMA’s online learning portal)

Retaining CHFP Maintenance Required 60 hours in a 3 year maintenance reporting period Grace period June 1 through July 15 Retest is an option 3 year cycle 6/1 thru 5/31 The grace period is for reporting activities- not earning them. Retest for maintenance requires taking both modules over to earn the CHFP and be reinstated.

your name Add the CHFP after Why Not Begin Now? Demonstrate your know how to drive value in the current value-based health care environment: Earn the CHFP

Resources Available Resources Online FAQ’S Sample Questions/Case Studies HFMA National Website www.hfma.org\CHFP Local Chapter Website HFMA National Career Services Department careerservices@hfma.org or call (800) 252-4362 and ask for Career Services Online FAQ’S Sample questions: Please note that the samples provided are examples of the types of questions in HFMA’s Operational Excellence and Business of Health Care exams - Not all of the content of the courses is covered within these sample questions and the samples provided are not a predictor of success for the two exams. The documents can be found on the Operational Excellence and Business of Health Care website pages. HFMA National Website - www.hfma.org\CHFP Local Chapter Website HFMA National Career Services Department for further assistance and any questions: careerservices@hfma.org or call (800) 252-4362 and ask for Career Services

Questions and Discussion Q & A Questions and Discussion