Covenant Health has been named a recipient of the 2023 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association, or HFMA, for the second consecutive year.
As a national award winner, Covenant Health has met industry-standard revenue cycle benchmarks, implemented the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense® initiatives and achieved outstanding patient satisfaction.
Award recipients are acknowledged as industry leaders and share proven strategies with their colleagues. The award was formally presented on June 25 during the HFMA Annual Conference in Nashville, Tenn.
“We’re very proud to be recognized with this award for the second consecutive year, which is unusual,” said Stephen Forney, MBA, CPA, FHFMA and Chief Financial Officer, Covenant Health. “Our partnership with Ensemble continues to serve us well by helping us to effectively manage a comprehensive range of processes that help our health system collect payment for services while meeting patients’ needs.”
“Our MAP award winners have achieved excellence in revenue cycle by focusing on patient engagement, workforce development and innovation,” said HFMA President and CEO Ann Jordan. Congratulations to all the 2023 High Performance winners.”
Created by and for healthcare leaders, HFMA’s MAP initiative sets the standard for revenue cycle excellence in the healthcare industry. MAP is a comprehensive strategy that allows organizations to measure revenue cycle performance using the industry-standard MAP Keys; apply evidence-based strategies for improvement; and perform to the highest standards to improve financial results and patient satisfaction.