Transcription of MAP Keys The Keys to RevenueThe Keys to Revenue Cycle …
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MAP Keys The Keys to RevenueThe Keys to Revenue Cycle …
MAP Keys The Keys to RevenueThe Keys to Revenue Cycle SuccessSandra Wolfskill, FHFMAD irector, Healthcare Finance PolicyRevenue Cycle MAPyHealthcare Financial Management Association MA-RI Chapter: Your Compass for Navigating Financial Waters for Revenue Cycle 2015 January 23, 2015 OverviewBackground to the MAP InitiativesMAP Keys MAP KeysMAP App the ToolsMAP AwardsMAP AwardsMAP EventMAP ResearchImplementing Metrics for Revenue Cycle improvementQuestions .. Focus Shift to Revenue CycleIncreased attention to Revenue Cycle management yg Cash flow RevenuesFocus on specific process improvementFocus on specific process improvement Cash collection Work flowCustomer satisfaction Customer satisfaction Reduction in process variation Use of metrics to track ImprovementMeasuringComponentsg What are consensus measures of Revenue Cycle excellence?
– Cash collection – Work flow ... • Prompt and accurate billing – Patient-Friendly Billing™ • Seamless payment experienceSeamless payment experience ... • Improve organizational effectiveness and efficiencies • Use data to change behaviors hfmamap.org 11. Industry Expectations External view
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