Updated Oct. 5, 2022
Participation in HFMA volunteer leadership roles gives you an opportunity to enhance the benefits, products and services provided to HFMA members and healthcare finance professionals across the country. Becoming an HFMA volunteer leader also offers an opportunity to:
- Develop leadership skills
- Have a voice in your future
- Meet industry decision-makers
- Expand your influence
- Initiate change
- Advance your career
- Provide input on HFMA programs
- Contribute to the future of healthcare
Many of HFMA’s leadership positions are filled by members who have expressed an interest in becoming more actively involved in the Association’s national activities. If you’re interested in any of the following committee opportunities, you can apply here by Oct. 14.
Board of Examiners
The Board of Examiners (BoE) oversees existing BoE policies and implements new policies as required for the effective operation and management of certification and credentialing programs. The BoE serves as an advocate for the education of healthcare finance professionals, including by conducting regular reviews of HFMA’ s credentialing and professional development program goals, utilization and outcomes.
The BoE consists of nine appointed members who serve three-year terms. The group meets three to four times a year, including once in person. (Some travel is required, with expenses paid by HFMA.)
Chapter Advancement Team
The mission of the Chapter Advancement Team (CAT) program is to build stronger chapters, one chapter at a time. Trained volunteer consultants work with individual chapters to expand the scope, quality and quantity of services provided to members, guiding chapters in strategic planning, leadership development and chapter assessment and improvement.
The CAT is composed of seven active HFMA members who previously served at local, regional and/or national levels within the Association. Team members serve three-year terms, with two to three members rotating off the team each year. The team meets once a year for training and also acts as facilitators at the Leadership Training Conference (LTC). CAT members also undertake projects and consultations throughout the year. (Some travel is required, with expenses paid by the individual chapter, or by HFMA in the case of training and the LTC.)
National Advisory Councils
The National Advisory Councils (NACs) provide professional perspective to the Association on thought leadership topics that are important to HFMA members. The structure for these councils is flexible and may change each year depending on HFMA’s strategic needs. The NACs are designed around three HFMA market segments:
- Executive
- Payment and Reimbursement
- Patient Financial Services/Revenue Cycle
Appointments will be made to each of the three councils from among individuals who are active in their profession as well as HFMA volunteers who are knowledgeable in one of these subject areas.
The NACs consist of directors from HFMA’s National Board and 24 appointed members who serve staggered two-year terms focusing on key issues facing the healthcare industry and the Association. These councils meet two times a year. (Some travel is required, with expenses paid by HFMA.)
Principles & Practices Board
The Principles & Practices (P&P) Board was established by HFMA in 1975 to reevaluate, clarify and establish accounting principles and financial-reporting practices for health services organizations. The P&P Board and its members also act as a liaison with the AICPA, the Financial Accounting Standards Board and the Governmental Accounting Standards Board. The P&P Board may be assigned issues by HFMA’s National Board.
The P&P Board is composed of 12 appointed members who serve three-year terms and meet two to three times a year. These members are recognized for their technical competence in the industry and possess outstanding personal and professional qualities. At least six members must be employees of provider organizations, while six or fewer members work for organizations that serve the industry. (Some travel is required, with expenses paid by HFMA.)
Investment Subcommittee
The Investment Subcommittee reports to the Audit and Finance Committee of HFMA’s National Board and is responsible for making recommendations regarding asset allocation policy, investment style guidelines, investment manager selection and review criteria, investment management selection/termination, investment manager guidelines, and portfolio rebalancing.
The committee consists of up to seven individuals with significant, contemporary knowledge of investments and investment management. Competence for membership on the Investment Subcommittee may be demonstrated in a number of ways, including having an MBA, CFP, CFA or prior investment committee experience. Members serve three-year terms. (Some travel is required, with expenses paid by HFMA.)
