ARLINGTON, Va.--(BUSINESS WIRE)--Privia Medical Group has been named as a recipient of the 2017 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association (HFMA). As a national award winner, Privia Medical Group 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 will be formally presented on June 25 at HFMA's annual conference in Orlando, Fla.
Privia Medical Group was among 17 winners selected from more than 110 facilities that began the application process for this year’s award.
"It is a great honor to be recognized by HFMA for the second year in a row,” said Maureen Clancy, Privia’s Senior Vice President of Revenue Cycle Management. “This award is confirmation to our providers, care centers and teams that their dedication is making a real difference in healthcare and improving their financial performance."
“Congratulations to all of our winning organizations, which have not only adopted HFMA’s Best Practices for Patient Financial Communications but also achieved excellence in revenue cycle overall,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “These exceptional organizations have superior processes for communicating complex financial issues to patients in understandable ways.”
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.
About Privia Medical Group
Privia Medical Group, a national, high-performance medical practice, combines technology, team-based care, and unique wellness programs, to help leading doctors better manage the health of their populations. Privia Medical Group is a multispecialty practice, with a large number of primary care physicians and medical specialists that manage patients with high cost chronic disease. Our medical group enjoys close partnerships with many leading national payers, with reimbursement programs that reward our doctors for improving outcomes and delivering high value care. For more information, please visit: www.priviamedicalgroup.com.
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 hfma.org, hfma.org/mapawards, and hfma.org/dollars.