LGMC Receives Award for Improvement in Revenue Cycle
Lafayette General Medical Center (LGMC) was awarded the 2014 MAP Award for Performance Improvement in Revenue Cycle by the Healthcare Financial Management Association (HFMA). LGMC is one of only three hospitals nationwide to receive the award. As a national award winner, LGMC has shown how its targeted improvement initiatives improved financial performance.
“At a time of many changes in the healthcare industry and at our hospital, our revenue cycle improvement is a remarkable accomplishment,” says Patrick Gandy, Jr., CEO at LGMC. “This honor is a tribute to Carolyn McBride, Director of Patient Financial Services, and to Jessie Hanks, our Director of HIM (Health Information Management), for their leadership, and to their staff, for their ongoing collaboration of efforts and excellent work,” says Gandy.
LGMC will be presented with the award at the HFMA MAP Award event in Las Vegas, NV, in November.
“Winners of the HFMA MAP Award for Performance Improvement have demonstrated the results that can be achieved with a commitment to excellence, the right tools, and skilled execution,” says HFMA president and CEO Joseph J. Fifer, FHFMA, CPA. “Lafayette General is one of only three health care providers to be recognized with this award in 2014. We congratulate them on this accomplishment.”
About HFMA’s MAP Award for Performance Improvement in Revenue Cycle
The MAP Award for Performance Improvement recognizes healthcare organizations that demonstrate measurable improvement in MAP Keys – key performance indicators that set the standard for revenue cycle excellence in the healthcare industry.
The award will be formally presented at MAP Event 2014, HFMA's revenue cycle conference, from November 2-4 in Las Vegas, Nevada. MAP stands for measure performance, apply evidence-based strategies for improvement, perform to the highest standards in today’s challenging healthcare environment.