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Passing the Financial Healthcare Test Financial Professional exam is an essential step for anyone who wants to build a career in healthcare finance. This certification is designed to demonstrate a candidate's knowledge and skills in healthcare finance, accounting, and financial management. It is also an excellent way to show that you are committed to providing the highest level of financial services to healthcare organizations. In this article, we will discuss the exam objectives, details, prerequisites, and related books that can help you pass your Healthcare Test Financial Professional exam.
Exam Objectives:
The Healthcare Test Financial Professional exam covers the following topics:
- Healthcare Finance
- Financial Statements and Analysis
- Cost Management and Budgeting
- Capital Financing and Investment Decisions
- Financial Management and Control
The exam objectives are designed to test a candidate's knowledge and skills in healthcare finance and accounting principles, as well as financial management practices that are specific to healthcare organizations.
Who should take the exam?
The Healthcare Test Financial Professional exam is intended for finance professionals who work in healthcare organizations or provide financial services to healthcare organizations. This certification is suitable for financial analysts, accountants, and financial managers who want to demonstrate their expertise in healthcare finance and accounting.
Prerequisites and Qualifications:
The Healthcare Test Financial Professional exam does not have any specific prerequisites or qualifications. However, it is recommended that candidates have a bachelor's degree in accounting or finance, and at least two years of experience working in healthcare finance or accounting.
Related Books:
Studying the following books can help you prepare for the Healthcare Test Financial Professional exam:
- Healthcare Finance: An Introduction to Accounting and Financial Management by Louis Gapenski
- The Financial Management of Hospitals and Healthcare Organizations by Michael Nowicki
- Healthcare Finance: Basic Tools for Nonfinancial Managers by Judith J. Baker and R.W. Baker
- Introduction to Healthcare Financial Management by Louis Gapenski
- Financial Management for Nurse Managers: Merging the Heart with the Dollar by Janne Dunham-Taylor and Joseph Z. Pinczuk
These books cover the essential topics and concepts that are included in the Healthcare Test Financial Professional exam. They are also great resources for anyone who wants to learn more about healthcare finance and accounting principles and practices.
Exam Details:
The Healthcare Test Financial Professional exam is a computer-based exam that is offered by the Healthcare Financial Management Association (HFMA). The exam consists of 100 multiple-choice questions, and candidates have three hours to complete it. The passing score for the exam is 70%, and candidates will receive their scores immediately after completing the exam. The exam fee for HFMA members is $375, while the fee for non-members is $475. The exam can be taken at any Prometric Testing Center in the United States.
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