About This Certification

The Certified Healthcare Financial Professional (CHFP) credential from HFMA demonstrates expertise in the business of health care, including healthcare finance fundamentals, reimbursement and payment models, financial strategy, and operational excellence. It is designed for finance professionals, clinical and nonclinical leaders, and anyone who needs a strong command of healthcare financial management.

Exam Overview

The CHFP is earned by completing two HFMA modules: Module I — The Business of Health Care (healthcare finance overview, risk, payment trends) and Module II — Operational Excellence (applying business acumen through case-based exercises). Each module concludes with a proctored online multiple-choice assessment.

Exam Domains & Weighting

Domain	Description	Weight
Healthcare Finance — The Big Picture	US healthcare system structure, market consolidation, payment systems, healthcare economics, and the CFO's strategic role	20.0%
Financial Accounting and Analysis	Financial statements, ratio analysis, revenue recognition, and healthcare accounting principles	20.0%
Reimbursement and Payment Models	Fee-for-service, value-based payment, ACOs, bundled payments, and managed care contracting	20.0%
Strategic Financial Management	Capital budgeting, cost of capital, financial planning, and resource allocation decisions	20.0%
Operational Excellence	Cost management, productivity, margin improvement, and applying business acumen to operational decisions	20.0%