CHBC - What does it stand for?

CHBC stands for Certified Healthcare Business Consultant. It is a designation given by the National Society of Certified Healthcare Business Consultant's. CHBC's are industry experts in a variety of finanical, practice management, and billing and coding aspects of health businesses. Why be Certified?

A certification designation demonstrates to potential clients, vendors, and others that the holder has met certain standards of experience and knowledge.

Unlike other certifications, such as CPA (Certified Public Accountant), a CHBC (Certified Healthcare Business Consultant) has demonstrated an understanding of the total healthcare business environment — both practice and financial management.

Certification programs are voluntary efforts taken within a specific industry to establish standards of performance. They are regulated by independent organizations, as contrasted with licensing, which is government-administered.

Certification Review Course Outline

Section One
Business Plan
Integration
Legal Structures

Section Two
Coding
Medicare and Medicaid
Managed Care Organizations
Resource Based Relative Value Scales
Collection

Section Three
Malpractice
Compliance Plan
Compliance Components
Medical Records and Other Documents

Section Four
Human Resources
Recruit and Retain
Wages and Benefits
Employment Laws

Section Five
Pay for Performance
Facilities
Efficiency
MIS and Marketing

Section Six
Accounting
Compensation
Practice Valuation and Insurance

Section Seven
Individual Income Tax
Corporate and Business Tax

Section Eight
Retirement
Estate and Gift
Life Insurance
Financial Planning

The Certification Examination, covering the body of knowledge reviewed in the Certification Course, consists exclusively of multiple-choice questions and contains scenarios with related questions, applicable both to medical and dental practices. The questions have been developed to examine the knowledge and application of principles, not recollection of details.