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15 Best Performing Revenue Cycles in Healthcare, According to HFMA

Analysis  |  By Amanda Norris  
   June 27, 2023

HFMA announced the winners of its 2023 MAP Award for high performance in revenue cycle, and 10 hospitals were awarded.

According to the Healthcare Financial Management Association (HFMA), there are five physician practices, four hospital systems, three individual hospitals, two critical access hospitals, and one an integrated delivery system, with high performing revenue cycles.

The awards were presented at the HFMA annual conference on June 25 in Nashville and recognized providers that have excelled in meeting industry standard revenue cycle benchmarks, implemented the patient-centered recommendations, achieved outstanding patient satisfaction, and more.

Some of the winners of HFMA’s 2023 MAP Award for high performance in revenue cycle include the following organizations: 

  • Winning integrated delivery system: 
    • Saint Francis Health System
    • Winning hospital systems:
    • Ballad Health
    • Covenant Health
    • OhioHealth
    • ThedaCare
  • Winning individual hospitals:
    • CHRISTUS St. Michael Health System
    • Liberty Hospital
    • The University of Texas MD Anderson Cancer Center
  • Winning critical access hospitals:
    • Henry County Health Center, Inc.
    • Van Diest Medical Center
  • Winning physician practices:
    • Alo/Avance Care
    • ENT and Allergy Associates
    • Graves-Gilbert Clinic
    • Heart and Vascular Care
    • State of Franklin Healthcare Associates

“We are truly honored to be recognized with this high-performance award,” Steven Sinclair, CFO of Graves-Gilbert Clinic, told HFMA. “While our tradition of clinical excellence dates back more than 85 years, our approach to revenue cycle could not be more contemporary. Our entire revenue cycle team is dedicated to making the financial experience a seamless one for our patients.”

 

Amanda Norris is the Director of Content for HealthLeaders.

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