Contact: Kate Darden, BHS Vice President, Marketing
Julie B. Wall, Markstein
FOR IMMEDIATE RELEASE
BIRMINGHAM, Ala. – June 4, 2015 - Baptist Health System (Baptist) today announced that one of its four hospitals, Princeton Baptist Medical Center (Princeton), has been named as a recipient of the 2015 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association (HFMA). Winners of this national award demonstrate inventive, patient-centered revenue cycle practices that deliver sustainable financial performance. The Baptist hospital is one of only seven hospitals in the U.S. to achieve this distinction and the only hospital in Alabama and the Southeast.
This is Baptist’s fourth year to earn this honor. As a national award winner, Baptist has excelled in meeting industry standard revenue cycle benchmarks (MAP Keys), implementing the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense™ initiatives, and achieving outstanding patient satisfaction. Award recipients are acknowledged as industry leaders and share proven strategies with their colleagues.
“It is an honor to receive the 2015 MAP Award for High Performance in Revenue Cycle from the Healthcare Financial Management Association for our commitment to patient-centered best practices,” said Greg Johnston, senior vice president and CFO of Baptist Health System. “This is truly a group effort of the entire revenue cycle team, and we hope to continue to receive recognition as industry leaders for exceeding the industry standard revenue cycle benchmarks.”
“We are proud to be recognized for building a strong revenue cycle,” said Janice Ridling, vice president, revenue management at Baptist Health System. “This award commends the efforts of our team, who work to give our patients the best financial experience possible.”
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. For more information, visit hfma.org/map.
About Baptist Health System
Baptist Health System, a not-for-profit 501(c) corporation and one of the largest health systems in Alabama, owns four hospital campuses, including Princeton (in Birmingham), Shelby (in Alabaster), Walker (in Jasper) and Citizens (in Talladega) as well as the largest network of employed primary- and specialty-care physicians providing coordinated care across central Alabama. The system includes graduate medical education programs and active clinical research in multiple specialties. Baptist Health System is committed to providing compassionate, high-quality, innovative health care and empowering its communities to achieve their best health. Baptist Health System is a ministry of the churches of the Birmingham Baptist Association, whose representatives elect the Board of Trustees. It was founded in 1922 by a group of local Baptist congregations. For more information please visit BaptistHealthAlabama.org.
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. For more information, visit hfm.org and hfma.org/dollars.