At the nation’s best hospitals, revenue cycle management is front and center. The Healthcare Financial Management Association (HFMA) has just announced the winners of the MAP Award for High Performance in Revenue Cycle. Of 110 facilities considered for the award, these industry leading facilities included seven individual hospitals, four physician practices, two hospital systems, and four integrated delivery systems. A complete list of the winning facilities can be found here.

These organizations were selected for the MAP Award for showing excellence in:

• Meeting industry standard revenue cycle benchmarks (MAP Keys)
• Implementing the best practices and patient-centered recommendations of the HFMA’s Best Practices for Patient Financial Communications
• Achieving outstanding patient satisfaction, mainly by communicating complicated financial issues to patients in understandable ways

If you are interested in earning recognition for your organization’s outstanding achievements in revenue cycle excellence, learn more about the HFMA’s Map Award and learn how to be considered.

The question is this: How does your facility compare?

Hospitals Does Your Facility Compare with the Best Hospitals?

Wondering how your organization’s revenue cycle compares with that of the best hospitals in the nation? HFMA has created an interactive calculator for you to find out. Take the test and find out your own HFMA’s Revenue Cycle Score.

If you find your facility is lagging behind, don’t despair. MedCom Solutions can help.

Next Generation Revenue Cycle Management from MedCom Solutions

We use a combination of proprietary technology, clinical expertise, and good old-fashioned teamwork and cooperation to help healthcare facilities revamp and improve their Chargemaster, Pricing, and Compliance solutions. The end result is better charge code validity, improved charge capture systems, and increased revenues.

To see all the ways about MedCom Solutions can help you maintain a healthy bottom line, visit our homepage right away.