Chicago, IL - March 15, 2012 - Healthcare Financial Management Association (HFMA) announced today the launch of the MAP Keys Compliant Program, an effort to evaluate and designate the industry's most reliable revenue cycle products. The program helps providers identify information technology products that capture data needed to use MAP Keys to track, compare, and improve performance. HFMA's MAP Keys are industry standard indicators of revenue cycle excellence designed to help healthcare finance professionals improve business intelligence, strengthen revenue cycle management, and decide where to focus for improvement.
"The team at Siemens Healthcare is proud that HFMA recognized Soarian® as the industry's first, proven MAP Keys Compliant product," says Ajit Sett, Vice President of Revenue Cycle Services, Siemens Healthcare. "Providers will benefit from identifying specific MAP Keys Compliant data elements from Siemens Soarian® that are required for making objective, peer-to-peer comparisons using HFMA's MAP App."
MAP App is the industry's premier web-based application that helps hospitals and health systems improve performance throughout the revenue cycle. "Siemens continues to support HFMA's efforts to create industry-standard measures for peer-to-peer benchmarking through the MAP initiative," adds Sett.
How Soarian® Earned its MAP Keys Compliant Distinction
Once Siemens Healthcare submitted Soarian® for consideration, HFMA rigorously scrutinized the source data-capture and data-reporting capabilities of the product. HFMA then identified which specific data elements - and related MAP Keys - Soarian® provides. "This is the same intense scrutiny we place on every information technology product submitted for consideration. Clearly, Soarian® is a reliable source of data in relation to HFMA's MAP Keys industry-standard benchmarking metrics," says Paul Bielat, Vice President, Product Development, HFMA. "This new program supports our mission of recognizing the most powerful tools so providers can elevate their level of revenue cycle excellence and advance the industry as a whole."
To learn more about HFMA's new MAP Keys Compliant Program, visit www.hfmamap.org/mapkeys/compliant-program or email the MAP Team at mapapp@hfma.org.
About HFMA's MAP
Created by and for healthcare leaders, HFMA's MAP gives healthcare finance professionals the information they need to Measure performance, Apply evidence-based strategies for improvement, and Perform to the highest standards across the board. HFMA's MAP is a comprehensive strategy that establishes the definitive industry indicators of revenue cycle excellence and physician practice management (MAP Keys), offers a web-based application to track performance compared to peers (MAP App), honors revenue cycle excellence and improvement (MAP Awards), and shares evidence-based lessons from the leaders (MAP Event - Oct. 28-30, 2012).
About HFMA
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 37,000 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. Learn more at www.hfma.org.
Contact HFMA
Jay Keltner
Healthcare Financial Management Association
(708) 492-3329
jkeltner@hfma.org