(Chicago, IL) – May 10, 2013 - Today, the Healthcare Financial Management Association (HFMA) announced the 2013 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 must show innovative and effective revenue cycle practices that deliver sustainable financial performance. More than 150 applications were submitted for this year’s award.
Joseph J. Fifer, FHFMA, CPA, 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 enables better patient experience.”
“Kevin F. Brennan, FHFMA, CPA, the EVP/CFO of Geisinger Health System, parent company of Geisinger Medical Center, and a five time winner of the MAP Award for High Performance added, “Building a best practice revenue cycle or management process environment, improving staff skills, and creating a culture of shared accountability helps achieve our full potential for improved patient satisfaction and, as a result, positive financial performance.”
Winners of the 2013 MAP Award for High Performance include four hospital systems and six individual hospital:
- Winning hospital systems:
- Baylor Health Care System
- Texas Health Resources
- Spectrum Health System
- Winning individual hospitals:
- Saint Francis Hospital
- Geisinger Medical Center
- Hoag Memorial Hospital Presbyterian
- Baptist Hospital of Miami
- Henry County Health Center
Winners of the award will be honored during a special presentation on June 18 at ANI: HFMA’s 2013 National Institute, which runs from June 16-19, in Orlando, Florida. The MAP Award for High Performance in Revenue Cycle is sponsored by Optum.
About 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.
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.
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 40,000 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 the indispensable resource for healthcare finance.
Healthcare Financial Management Association
Publication Date: Friday, May 10, 2013