Chicago - May 18, 2012 - Today, the Healthcare Financial Management Association (HFMA) announced this year's winners of the MAP Award for High Performance in Revenue Cycle.
HFMA's MAP Award for High Performance in Revenue Cycle recognizes healthcare organizations that demonstrate excellence across all the MAP Key indicators of revenue cycle performance. Winners show innovative and effective revenue cycle practices that deliver sustainable financial performance. More than 160 organizations downloaded the application for this year's award.
Richard L. Clarke, HFMA President and CEO, said, "Winners of the MAP Award for High Performance demonstrate leading revenue cycle practices that set the bar for the industry and, ultimately, enable better patient care."
Bill Farrell, Vice President of Finance at New York Presbyterian Hospital, and a 2012 MAP Award for High Performance winner, added, "Building a best practice process environment, improving staff skills, and creating a culture of consensus helps achieve our full potential for improved patient satisfaction and, as a result, positive financial performance."
Winners of the 2012 MAP Award for High Performance are:
- Shelby Baptist Medical Center, Birmingham, AL
- The Valley Hospital, Ridgewood, NJ
- MultiCare Mary Bridge Children's Hospital, Tacoma, WA
- Cape Cod Healthcare, Hyannis, MA
- John C Lincoln Deer Valley Hospital, Phoenix, AZ
- Riverside Methodist Hospital, Columbus, OH
- Geisinger Health System, Danville, PA
- Centra Lynchburg General Hospital, Lynchburg, VA
- Legacy Good Samaritan Medical Center, Portland, OR
- New York Presbyterian Hospital, New York, NY
- Spectrum Health Kelsey Hospital, Lakeview, MI
- Six hospitals from Baylor Health Care System:
o Baylor Medical Center at Irving, Dallas, TX
o Baylor All Saints Medical Center at Fort Worth, Fort Worth, TX
o Baylor Jack & Jane Hamilton Heart & Vascular Hospital, Dallas, TX
o Baylor Medical Center at Waxahachie, Waxahachie, TX
o Baylor Regional Medical Center at Grapevine, Grapevine, TX
o Baylor Regional Medical Center at Plano, Plano, TX
Winners of the award will be honored during a special presentation on June 25, 2012 at ANI: HFMA's 2012 National Institute, June 24-27, in Las Vegas, Nevada. The MAP Award for High Performance in Revenue Cycle is sponsored by Optum.
About the MAP Awards
HFMA's MAP Awards recognize healthcare organizations that achieve excellence or demonstrate substantial improvement in revenue cycle performance and serve as models for the healthcare industry. www.hfmamap.org/mapawards/
About HFMA's MAP
Created by and for healthcare leaders, HFMA's MAP sets the standard for revenue cycle excellence-for your organization and for our industry. HFMA's MAP is a comprehensive strategy that establishes the definitive indicators of revenue cycle performance (MAP Keys); offers a web-based tool (MAP App) to track performance throughout the cycle and recommend strategies for improvement; honors excellence through the MAP Awards; and shares lessons of the leaders at the annual MAP Event. www.hfmamap.org/
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 39,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues. hfma.org
Healthcare Financial Management Association