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HFMA CHFP : Certified Healthcare Financial Professional Exam Questions and Practice Test

Practice Test Organized by Shahid nazir



Latest 2025 Updated HFMA Certified Healthcare Financial Professional Syllabus
CHFP Exam Questions & Practice Test Premium PDF and Test Engine

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CHFP Question Bank : Download 100% Free CHFP Exam Questions (PDF and VCE)

Exam Number : CHFP
Exam Name : Certified Healthcare Financial Professional
Vendor Name : HFMA
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Exactly same CHFP certification test prep as real exam
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Numerous candidates have provided compelling testimonials confirming their success in passing the CHFP test with the invaluable assistance of our Latest Questions. These individuals are now thriving in distinguished positions within their organizations. It is an undeniable fact that, subsequent to utilizing our CHFP certification test prep, they have experienced remarkable improvements in both their knowledge and skills, enabling them to confidently operate as seasoned experts in their respective domains. Our unwavering focus extends beyond merely passing the CHFP test with our TestPrep; we are equally dedicated to profoundly enhancing our candidates' understanding of CHFP goals and objectives. This holistic approach is precisely how individuals achieve enduring success in their careers.

If your ambition is to conquer the HFMA CHFP test to secure a coveted position or to significantly advance your current standing within your organization, then registering at killexams.com is imperative. Our dedicated team of experts meticulously gathers genuine CHFP test questions at killexams.com. You will receive Certified Healthcare Financial Professional test questions designed to ensure your success in passing the CHFP test. Every time you log in to your account, you will have the convenience of downloading updated CHFP test questions. While the market presents numerous organizations offering CHFP PDF Questions, only valid and up-to-date 2025 CHFP Exam Cram hold true significance. Practice caution when relying solely on Free TestPrep found on the internet, as this path could lead to an unsuccessful test attempt. Therefore, investing a modest fee for killexams CHFP genuine questions represents a judicious choice to circumvent potentially significant test expenses.







CHFP Exam Format | CHFP Course Contents | CHFP Course Outline | CHFP Exam Syllabus | CHFP Exam Objectives


Module I - Business of Health Care: Participation and successful end-of-course exam of the HFMA Business of Health Care® online program offering participants an overview of healthcare finance, risk mitigation, evolving payment models, healthcare accounting and cost analysis, strategic finance, and managing financial resources.



Module II - Operational Excellence: CHFP aspirants must also complete HFMA's Operational Excellence exam, which includes exercises and case studies on the application of business acumen in health care.



Please note HFMA membership is a required aspect for earning and maintaining the CHFP credential.



Paid student members are eligible to register for and to take both modules of the CHFP certification program (included with membership). Student members who successfully complete the CHFP requirements (two modules) will earn their designation upon assuming Professional or Business Partner level member status.



The Big Picture Healthcare environment



- Reform/Current State of US Healthcare

- Transformation Under Reform

- Payment System Overview

- The Role of Financial Management in Health Care Organizations

- Management Roles & Hierarchy

- What Keeps CFOs Up at Night=>



Financial Accounting Concepts Accounting Principles



- Analysis of Financial Statements

- Management Reports

- Accounting Terminology

- Reports for financial analysis



Cost Analysis Principles Cost Management



- Definitions

- Traditional Cost-Finding Methods

- Setting Prices

- Profit analysis



Strategic Financial Issues Basics of Strategic Planning



- Budgeting Concepts

- Variance Analysis

- Revenue & Performance Budgeting

- Controlling Operating Results

- Benchmarking, Productivity, and Cost-Benefit/Cost-Effectiveness

- Analysis



Managing Financial Resources Financing the Healthcare System: Revenue Cycle



- Working capital management

- The Use of Metrics and Data

- Long-Term Financial Resources



Looking to the Future ACA, ACOs & Bundled Payments:

Evolving Reimbursement

The Need for Business Intelligence & Analytics

Population Health Management

Aligning Clinicians and Finance Professionals to Drive Value

Accountable Care Organizations – Payer Cancers

Premium Growth in a Shifting Environment

Denials of coverage

Limitations on profits

Health Insurance Exchanges

Payer consolidations

Unsustainable rates

Payer Differentiation

Rise of Business Process Outsourcing

Consumerism and physicians

Physician –Hospital alignment

Demand for Physician Collegiality

Emerging Ancillary Positions

Physician Burnout

Physician Independence

Physician Shortages (Leakage)

Physicians as Entrepreneurs

Reform and Physician Liability

Physician – Hospital Financial

Relationships

Hospital Consolidations

Hospital – Physician Alignment

Hospital Facing Bankruptcy

Provider- Payer Consolidations

Physician Engagement and Leadership

Integrated Care Delivery

Physicians Remaining

Independent

Accountable Care Organizations

Sustainability of Physician

Employment



Module I Concept Guide – It is recommended that you preview this guide prior to working through the online materials. For example, the pages in this guide associated with the Patient Protection and Affordable Care Act (PPACA) may be viewed before working in the first course, Healthcare Finance -- The Big Picture. This preview indicates the key concepts that will be covered and attunes you to areas of professional practice that may be less familiar. Feel free to make notes in this document. By taking the time to customize this guide, you can develop a handy reference tool as you continue your work in health care.



• Module II Concept Guide - It is recommended that candidates preview the key‐concept guide prior to working through this online course. The module is itself an examination with three (3) hours allowed for completion. This preview indicates the key business challenges that will be presented and attunes candidates to areas of professional practice that may be less familiar. The learner guide can then be used to focus additional outside reading and study on unfamiliar issues



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Opting for Killexams.com CHFP package was a wise decision, as it helped me score 92% on the exam. Their simplified approach to complex subjects and expert guidance made my preparation manageable, equipping me to advance my career with confidence.


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