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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 practicing and study on unfamiliar issues

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CHFP PDF MCQs

PDF Questions and Answers	: 310
File Format	: PDF
Latest Update	: March 17, 2026
Files Delivery	: Instant (5 to 10 min.)
Compatibility	: All Desktop and Mobile Devices
Delivery Method	: obtain Account
Sample Download	: CHFP exam PDF

The Certified Healthcare Financial Professional (CHFP) exam is a certification exam for financial professionals in the healthcare industry. The exam is designed to test candidates on their knowledge and understanding of healthcare financial management, including accounting and finance, revenue cycle management, and healthcare reimbursement. The CHFP certification is awarded by the Healthcare Financial Management Association (HFMA), which is a professional organization dedicated to improving healthcare financial management.

The CHFP exam is a computer-based test that consists of two parts. Part one is a 125-question multiple-choice exam, while part two is a case study exam that consists of 20 multiple-choice questions and four written responses. Candidates are given four hours to complete both parts of the exam. The exam is designed to test candidates on their ability to apply their knowledge to real-world scenarios.

Preparing for the CHFP exam requires not only understanding the exam Topics but also practicing with realistic exam-style questions. Our Certified Healthcare Financial Professional exam questions and practice tests help candidates review key concepts and familiarize themselves with the format and difficulty of exams.

At Killexams.com, our team works to maintain up-to-date practice content. We continuously review and refine our question sets and explanations to cover the latest relevant syllabus areas and help learners strengthen their understanding of core Topics before the official exam. practice exams allow you to identify areas where you need improvement by measuring your readiness and provide you exam questions to polish those areas.

By using our CHFP exam PDF and Test Engine, you can practice with a structured set of questions and answers that are representative of the kinds of items you encounter on the exam. Wherever possible, content includes detailed explanations to clarify reasoning and support deeper learning. To be eligible to take the CHFP exam, candidates must meet specific educational and experiential requirements. Candidates must have a bachelor's degree or equivalent, as well as a minimum of two years of experience in healthcare financial management, or a related field. Alternatively, candidates can meet the experience requirement through a combination of education and work experience.

Preparing for the CHFP exam requires a significant amount of time and effort. Candidates should prepare for the exam by reviewing killexams.com exam questions, taking practice exams and online test engine. Candidates are encouraged to review the exam content outline and use study materials and resources provided by the HFMA. These resources include study guides, practice exams, and online courses. Candidates should also engage in self-assessment and identify areas of weakness to focus their study efforts.

Passing the CHFP exam is a significant accomplishment and can lead to career advancement and increased earning potential. It demonstrates to employers and colleagues that the individual has a thorough understanding of healthcare financial management principles and best practices. It also provides individuals with a sense of professional accomplishment and personal satisfaction.

The CHFP certification is valid for three years, after which individuals must complete the renewal process to maintain their certification. The renewal process includes completing a certain number of continuing education hours, submitting documentation of professional practice, and paying a renewal fee.

To help you evaluate our material, you may obtain a free CHFP trial PDF with example mock exam that we provide. This trial allows you to review content and approach before deciding on Premium materials..

The Certified Healthcare Financial Professional practice test files with 310 MCQs are compatible with multiple devices, including Windows, macOS, iOS, and Android, and can be used for both online and offline study. The PDF format is printable, making it easy to study during travel or when away from a computer. Access to updated materials is available through your online account.

After purchase, you will receive your username and password immediately, allowing you to log in and obtain your study files without delay. Our goal is to support exam preparation at your pace with practice content designed for reinforcement and understanding of key concepts.

CHFP exam is a comprehensive assessment of a candidate's knowledge and competence in healthcare financial management. It is designed for professionals in the healthcare industry who are involved in financial management. Preparing for the exam requires a significant amount of time and effort, and candidates are encouraged to use study materials and resources provided by the HFMA. Passing the exam is a significant accomplishment and can lead to career advancement and increased earning potential. The CHFP certification is valid for three years and requires individuals to complete the renewal process to maintain their certification.

Online Test Engine

Online Test Engine Questions	: 310
Testing Limit	: Unlimited
Access Type	: Online
Latest Update	: March 17, 2026
Access Activation	: Instant (5 to 10 min.)
Supported OS	: Mac, Windows, Android, iPhone / iPad, Linux
Delivery Method	: Username/Password

Killexams.com provides an Online Test Engine designed to help candidates practice exam questions in a structured and interactive environment. The Test Engine is compatible with iPhone, iPad, Android, Windows, and Mac, allowing you to study and practice on the device that best fits your schedule.

The CHFP Online Test Engine enables candidates to simulate real exam-style practice sessions, review answers, and track progress over time. This learning approach helps users practice exam questions, question formats and Strengthen time management while preparing for the Certified Healthcare Financial Professional exam.

The Test Engine includes features that support effective learning, such as customizable practice sessions, question review modes, and progress tracking. These tools are designed to assist candidates in identifying knowledge gaps and reinforcing key concepts through repeated practice rather than memorization alone.

Online Test Engine Practice History Graph

The Online Test Engine maintains practice history, performance summaries, and visual progress reports. Where available, questions may include explanations or reference information to support better understanding of exam topics. Content is reviewed and updated periodically to reflect relevant syllabus changes and maintain consistency with exam objectives.

Desktop Test Engine

Desktop Test Engine Questions	: 310
Software Version	: 3.0.9
Access	: Unlimited
Latest Update	: March 17, 2026
Access Activation	: Instant (5 to 10 min.)
Support OS	: Windows (All Versions)
Delivery Method	: Username/Password

The Killexams Desktop exam Simulator (version 3.0.9) is a dedicated test preparation software designed to support candidates preparing for the CHFP exam. The simulator provides a structured desktop-based practice environment that allows users to work through exam-style questions and review their performance in detail.

By practicing with the Certified Healthcare Financial Professional exam Simulator, candidates can become familiar with question formats, exam navigation, and time-based testing conditions similar to those used in official exams. This experience helps users build confidence across exam Topics and identify areas that may require additional study.

Desktop exam Simulator Fullscreen Interface

Desktop exam Simulator Performance Graph

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A perfect key to success by these CHFP Computerized Adaptive Testing (CAT)

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