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Short Case on Health

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¶ … earning credentials from HFMA in the field of health care finance? What kinds of professional roles would individuals earning these credentials typically be able to achieve? Would you personally be interested in pursuing a career in medical finance? Why, or why not? One of the first criteria for the process of earning credentials from...

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¶ … earning credentials from HFMA in the field of health care finance? What kinds of professional roles would individuals earning these credentials typically be able to achieve? Would you personally be interested in pursuing a career in medical finance? Why, or why not? One of the first criteria for the process of earning credentials from HFMA in the field of health care finance is the requirement of the applicants to have at least 3-5 years of experience and the credentials are therefore aimed at mid-level healthcare professionals.

The aim of attaining the credentials is to demonstrate the applicant's qualifications to the senior management, the co-workers as well as the industry. The credentials highlight the commitment of the successful candidate towards the profession and helps in acquiring and maintaining up-to-date skills and knowledge ("Reasons to Join HFMA," 2016). Apart from a minimum of 3-5 years experience in healthcare finance management, the process for earning credentials from HFMA includes ownership of an active regular or advanced HFMA membership and having successfully completed one comprehensive certification exam.

The process also involves the successful completion of an online certification examination that has 150 multiple choice questions that cover six content areas which include revenue cycle, forecasting and budgeting and financial reporting. The completion of the credential allows the providing of a broad range of business and financial skills that are essential for being successful in the high-value healthcare environment of today: the course helps a candidate to gain knowledge and skills about collaboration, formulating financial strategy and understanding the future trends ("Reasons to Join HFMA," 2016).

As a health care, professional o would be interested in the certification as it would help me get additional skills and qualifications in the field of healthcare finance and especially related to collaboration and forecasting. This would also help me gain knowledge about the financial realities of the present age and day in the field of health care ("HFMA's Certified Healthcare Financial Professional (CHFP)," 2016).

Part 2: What types of resources does this organization provide to its members and others in the health care community? As a health care manager, what HFMA resources would you see yourself utilizing for your own facility and career? There are a growing demand and challenges thrown at health plan leaders in the present day and age to innovate and develop collaborative relationships with other key stakeholders of the industry and segment so that there is better engagement with the members from other stakeholder groups as healthcare consumers.

HFMA provides the necessary educational and thought resources for the above and provides the most up-to-date information and strategies as resources for the healthcare leaders ("HFMA's Certified Healthcare Financial Professional (CHFP)," 2016). As a health plan leader, HFMA helps in the navigation of challenges and make use of the present day opportunities through the resources it provides.

Apart from the educational courses and learning, the HFMA provides resources to health care professional that include providing a means to connect to the local marketplace and meet colleagues, save money for personal and professional programs through discounts and concessions, the organization also provides tailored solutions to suit the needs provided to members of the organization. The latest development in the industry is provided to the members through emails and through various forums and newsletters. There are also provisions for a virtual conference.

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