NEENAH, Wis. – ThedaCare has been named a recipient of the 2024 MAP Awards for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association (“HFMA”). In partnership with industry-leading revenue cycle company Ensemble Health Partners (“Ensemble”), ThedaCare was recognized for meeting industry-standard revenue cycle benchmarks and implementing the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense ® initiatives and achieve outstanding patient satisfaction.
This is the fourth year in a row ThedaCare has been named a MAP Award for High Performance in Revenue Cycle Winner.
“This recognition from HFMA closely aligns with ThedaCare’s mission to improve the health and well being of the communities we serve, empowering individuals to live their unique, best lives,” said Will Flett, MBA, CHFP, chief financial officer with ThedaCare. “Our system is dedicated to protecting and providing access to comprehensive care, and improving patient experience through responsible financial performance.”
Flett also added that ThedaCare is committed to advancing overall community health, while lowering the total cost of care.
Ensemble, the industry leader in revenue cycle management, has served as ThedaCare’s end-to-end revenue cycle outsourcing partner since 2019. The partnership drives financial performance in support of exceptional patient care.
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.
“Through recognitions such as the MAP Awards for High Performance in Revenue Cycle, it allows our system to monitor progress, growth and opportunities to continue meeting the needs of our communities,” said Flett. “Our exceptional team members, physicians and clinicians make all of this possible, and we are grateful for their commitment to improving the health and well-being of our communities.”
Award recipients are acknowledged as industry leaders and share proven strategies with their colleagues. The award was formally presented to ThedaCare on June 24 during the HFMA Annual Conference in Las Vegas, NV.
