As with any professional certification, Certified Healthcare Financial Professionals (CHFP's) have a continuing education requirement to maintain their certification. The Healthcare Financial Management Association (HFMA) has presented a list of these requirements and a list of what sort of activities would constitute approved continuing education. Many local HFMA chapters offer quarterly or monthly seminars for their local members which provide a significant source of contact hours required. However, the HFMA also offers many self-study materials that could also be used. Below are some examples of these alternatives:
- Live Group Activities - This area of education activities includes college courses, audio webcasts, and seminars presented by HFMA or some other entity. Remember these education activities do not have to be sponsored by HFMA to qualify. If your healthcare institution provides on-site training in some area of accounting and auditing, healthcare finance, administration, ethics, management, marketing, computer hardware and software applications, production, or statistics, then those training sessions would qualify.
- Presenter Activities - Any presentations given on any of the above healthcare topics will provide contact hours whether they are presentation for HFMA or some other entity. In addition, seminar presentations provide contact hours for preparation on the first time only of a presentation in an amount up to the length of the actual session.
- Proctoring - CHFP's can receive one contact hour each time they monitor an HFMA certification exam.
- Publication - A CHFP can receive contact hours for the minutes invested in writing HFMA or non-HFMA articles for publication.
- Self-study Activities - This area provides the greatest opportunity for a CHFP to accumulate continuing education in the most economical fashion. All HFMA certification self-study courses have continuing education when the proper documentation is submitted. HFMA also provides e-learning programs on-line at its website. But, the most readily available continuing education can come from annual subscriptions to various on-line programs such as CPExpress from the AICPA. With these programs you have accumulate an unlimited amount of continuing education for an annual fee. Often, this fee is far less than a number of conference fees.
The HFMA has a great pdf with details on each of the above options. Don't let the continuing education requirement scare you away from certification. There are plenty of options.