Covenant Health Receives Third Consecutive HFMA 2024 MAP Award for High Performance in Revenue Cycle

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Covenant Health has been named a recipient of the 2024 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association, HFMA, for the third consecutive year.

As a national award winner, Covenant Health has met industry-standard revenue cycle benchmarks, or MAP Keys®, implemented the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense® initiatives, focused efforts on improving price transparency and achieved outstanding patient satisfaction. Award recipients are acknowledged as industry leaders and share proven strategies with their colleagues.

“We’re proud to be recognized with this award for the third consecutive year,” 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.”

“These organizations have demonstrated their commitment to putting patients first when it comes to their billing and payment practices,” said HFMA President and CEO, C. Ann Jordan, J.D. “Congratulations to all of the 2024 MAP Award winners for serving as role models for the field.”

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.

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