St. Luke's Hospital Achieves HFMA's 2014 MAP Award for High Performance in Revenue Cycle
St. Luke's is one of only 16 recipients in the U.S. and the only winner in the St. Louis area.
Chesterfield, Mo., June 5, 2014 - St. Luke's Hospital is a recipient of the Healthcare Financial Management Association's 2014 MAP Award for High Performance in Revenue Cycle. Winners of this national award demonstrate innovative revenue cycle practices that deliver sustainable financial performance.
MAP stands for measure performance, apply evidence-based strategies for improvement and perform to the highest standards in today's challenging healthcare environment.
St. Luke's is one of only 16 recipients of the award in the U.S. and the only winner in the St. Louis area.
"Our culture of teamwork among all areas of the hospital and with our patients is highlighted by this recognition," said Scott Johnson, St. Luke's Hospital vice president and chief financial officer. "We are committed to partnering with all of our patients so they understand how to access the healthcare services they need and how to manage their healthcare costs."
HFMA's MAP Award for High Performance in Revenue Cycle recognizes healthcare organizations that achieve excellence across all of HFMA's MAP Keys, which are revenue cycle performance indicators including revenue cycle processes, financial performance, patient satisfaction and adoption of HFMA's Patient Friendly Billing® principles which give priority to the needs of patients and their family members.
About St. Luke's Hospital
St. Luke's Hospital in Chesterfield, Mo. is a regional healthcare provider committed to improving the quality of life for patients and the community. The 493-bed, not-for-profit hospital offers care in more than 60 specialty areas and serves the region from more than 20 locations across the greater St. Louis area. St. Luke's is the only St. Louis hospital recognized as one of America's 50 Best Hospitals™ by Healthgrades® (2007-2014).
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is the indispensable resource for healthcare finance. hfma.org.
Megan Donovan, APR
232 S. Woods Mill Rd.
Chesterfield, Mo. 63017