3 mins read
How HFMA partnered with Art of Mentoring to launch a strategic member benefit for 200 healthcare finance professionals, achieving 96% mentor-mentee pair retention now in its third cohort.
Participants 200
Organisation Type Association
Delivery Type Virtual
Program Length 6 Months
Program Management Full Delivery by Art of Mentoring
The healthcare finance industry is undergoing rapid change, driven by new regulations, advancing technologies and shifting workforce needs. HFMA recognized a growing challenge: many early- to mid-career professionals lacked access to structured leadership development and external career support.
Without a formal pathway to build leadership skills and professional connections, talented members risked stagnating at a critical point in their careers. HFMA needed a scalable, high-quality solution that could deliver real career impact while strengthening the value of membership.
To meet this need, HFMA created the Emerging Leaders Mentoring Program as a strategic member benefit, partnering with Art of Mentoring to design and deliver a structured initiative that would empower members to grow, connect and lead effectively in a complex industry.
I have been in the healthcare industry for 18 years, being a leader for over 12 of them. It was an amazing experience to connect with a young healthcare professional eager and excited to break into leadership and watch her grow and flourish. We've built a relationship that will last well beyond this program.
HFMA
HFMA launched the Emerging Leaders Mentoring Program as a structured six-month initiative offering one-on-one mentoring, targeted resources and support to help members build confidence, grow their careers and lead effectively in a changing healthcare finance environment.
Both mentors and mentees complete online training, mid-program progress review workshops and have access to the full suite of Art of Mentoring resources. Clear participation guidelines promote accountability and high retention rates throughout the program.
Now in its third cohort, the program continues to demonstrate measurable impact. It strengthens HFMA’s member value while building a connected, future-ready leadership pipeline for the healthcare finance sector.
The Emerging Leaders Mentoring Program supports HFMA’s mission by promoting professional development, cultivating leadership and increasing member engagement. It fosters a connected, diverse community while reinforcing HFMA’s commitment to education, service and collaboration in healthcare finance.
Participants consistently report stronger leadership skills, deeper professional relationships and greater confidence in pursuing their goals.
mentor-mentee pair retention rate throughout the program
of participants were satisfied with the resources provided
participants supported across the program
cohort currently running, with continued measurable impact
I am grateful to have had the opportunity to participate in this program and to connect with my mentor. As I recently transitioned into my leadership role, my mentor provided great insight and advice, helping shift my thought process from an employee to a leader."
HFMA
Leadership Pipeline
The program builds a connected, future-ready leadership pipeline for the healthcare finance sector, equipping emerging professionals with the skills and networks to step into senior roles with confidence.
High Retention
Clear participation guidelines and structured accountability measures contributed to a 96% mentor-mentee pair retention rate, well above industry averages for virtual mentoring programs.
Member Engagement
By delivering a program that members genuinely value, HFMA has strengthened its position as a forward-thinking, member-focused association committed to professional growth at every career stage.
Scalable Growth
Now in its third cohort, the program continues to grow in reach and impact, demonstrating that a well-designed virtual mentoring program can scale sustainably without sacrificing quality or connection.
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