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HFMA CHFP Exam

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Fast-Track Your HFMA CHFP Exam Success

Exam number/code: CHFP

Release/Update Date: 14 Nov, 2024

Number of Questions: Maximum of 90 Questions

Exam Name: Certified Healthcare Financial Professional

Exam Duration: 120 Minutes

Related Certification(s): CHFP,

HFMA CHFP Exam can give your Career a boost.

Salary and Job opportunities:

The HFMA CHFP (Certified Healthcare Financial Professional) certification opens doors to various job opportunities in the healthcare industry. In the United States, CHFP-certified professionals are in high demand for roles such as Healthcare Financial Analyst, Director of Finance, and Chief Financial Officer (CFO) in hospitals, healthcare systems, and insurance companies. These roles often require strong analytical skills, knowledge of healthcare regulations, and the ability to develop financial strategies. In Canada, CHFP certification is valued for positions like Healthcare Financial Manager and Finance Director, with a focus on budget management and financial planning for healthcare organizations.

The salary expectations for CHFP-certified individuals vary based on the role and location. In the US, healthcare financial analysts can earn an average salary of $60,000 to $90,000 annually, while finance directors and CFOs may command higher salaries, often exceeding $100,000. In Canada, healthcare financial managers and finance directors can expect salaries ranging from CAD 80,000 to CAD 120,000, with potential for growth in larger organizations or urban areas. These salaries reflect the critical role that financial professionals play in the healthcare sector, ensuring efficient resource allocation and sustainable financial practices.