ThedaCare is honored to be named a recipient of the 2024 MAP Awards for High Performance in Revenue Cycle by the Healthcare Financial Management Association (HFMA). In collaboration with Ensemble Health Partners, a leader in revenue cycle management, ThedaCare has achieved remarkable success in meeting industry standards and implementing HFMA’s Healthcare Dollars & Sense® initiatives, all while ensuring outstanding patient satisfaction. This marks the fourth consecutive year that ThedaCare has received the MAP Award for High Performance in Revenue Cycle. “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 of ThedaCare. “We are dedicated to providing comprehensive care and enhancing patient experiences through responsible financial practices.” Will also emphasized ThedaCare’s commitment to advancing overall community health while reducing the total cost of care.
ThedaCare’s Post
More Relevant Posts
-
In a healthcare organization, about 20% of the budget goes toward non-medical expenses. Luckily, David Kirshner can help manage these costs so you stay financially secure. In the latest episode of CFO Weekly, he joins Megan Weis to discuss: 🔹 How healthcare organizations can save money by optimizing non-clinical spending 🔹 Why non-clinical spend management is critical for the financial health and sustainability of your healthcare system 🔹 The importance of breaking healthcare silos to leverage non-clinical spending 🔹 How to effectively manage change in healthcare spending Check out the episode: https://hubs.la/Q02HYP4F0 #CFOweekly #NonClinicalSpending #HealthCareCFOs
Overcoming Financial Hurdles in Healthcare
insights.personiv.com
-
Physician Executive, Healthcare Services Consultant, Mergers and Acquisitions Consultant (“River Guide” and Integration Specialist), Anesthesiologist, Expert Witness in Anesthesiology and Peri-operative Medicine.
📚 Check out our latest blog post! 📚 Discover the benefits of maintaining order and structure in healthcare finance. Dive into "Older Healthcare Financial Partners Vs. Locums Tenens" now! 👉 Read here: https://lnkd.in/gDpFD_Zc #HealthcareFinance #BlogPost #OrderAndStructure #Clevehouse
Maintaining Order And Structure: Older Healthcare Financial Partners Vs. Locums Tenens
https://clevehouseadvisors.com
-
We’re thrilled to spotlight the journey of one of our clients, Alan Lovelace, VP and CFO of Stillwater Medical Center. In an interview with Healthcare Financial Management Association (HFMA), Alan explains what modern healthcare CFOs can do to keep their organizations financially stable… About a year and a half ago, Stillwater Medical embarked on a mission to enhance hospital labor productivity with Sixth Sense Intelligence. Within four months, Stillwater reduced FTEs by 6.5% and annual labor costs by $4M. Explore our CASE STUDY and discover how Stillwater Medical slashed annual labor expenses by $4M, boosting productivity to an impressive 99%! Link is in the comments below 👇 #healthcarefinance #healthcareperformance #healthcaredata
Alan Lovelace: Healthcare CFOs require stamina to respond to post-COVID pressure | HFMA
https://www.hfma.org
-
ADHC Underpayments forensic audit system directly addresses one of the biggest issues hospital CFOs face... A top 3 strategic initiative, according to a hospital CFO, is to vigorously pursue all revenue opportunities to ensure payments are made in accordance with all contract terms with health plans and government payers. https://lnkd.in/e4NTPtdn #hospitals #finance #underpayments
Why hospital CFOs can't be distracted by 'shiny objects'
beckershospitalreview.com
-
ADHC Underpayments forensic audit system directly addresses one of the biggest issues hospital CFOs face... A top 3 strategic initiative, according to a hospital CFO, is to vigorously pursue all revenue opportunities to ensure payments are made in accordance with all contract terms with health plans and government payers. https://lnkd.in/e4NTPtdn #hospitals #finance #underpayments
Why hospital CFOs can't be distracted by 'shiny objects'
beckershospitalreview.com
-
ADHC Underpayments forensic audit system directly addresses one of the biggest issues hospital CFOs face... A top 3 strategic initiative, according to a hospital CFO, is to vigorously pursue all revenue opportunities to ensure payments are made in accordance with all contract terms with health plans and government payers. https://lnkd.in/e4NTPtdn #hospitals #finance #underpayments
Why hospital CFOs can't be distracted by 'shiny objects'
beckershospitalreview.com
-
ADHC Underpayments forensic audit system directly addresses one of the biggest issues hospital CFOs face... A top 3 strategic initiative, according to a hospital CFO, is to vigorously pursue all revenue opportunities to ensure payments are made in accordance with all contract terms with health plans and government payers. https://lnkd.in/e4NTPtdn #hospitals #finance #underpayments
Why hospital CFOs can't be distracted by 'shiny objects'
beckershospitalreview.com
-
Question: How can hospital CFOs balance rising operational costs with stagnant or decreasing reimbursement rates to ensure financial stability?
The million-dollar question facing CFOs
beckershospitalreview.com
-
Check out this insightful breakdown of the top 5 healthcare revenue cycle KPIs! Understanding these key performance indicators is crucial for optimizing financial health in the healthcare industry. Dive into the article to discover the metrics that drive efficiency and success in revenue management. An Article by - Rev Cycle Intelligence https://lnkd.in/gMAWZzY3 #HealthcareFinance #KPIs #RevenueCycleManagement #usa
Breaking Down the Top 5 Healthcare Revenue Cycle KPIs
revcycleintelligence.com
-
In the News: Hospitals operate under constant pressure to curb costs and enhance the quality of care. As such, it is imperative hospitals are able to understand all aspects of their financial performance. This week's Xtelligent Healthcare Media article breaks down the top five healthcare revenue cycle KPIs using the Healthcare Financial Management Association (HFMA) MAP Keys, which set the standard for revenue cycle excellence in the healthcare industry. Read here: https://hubs.li/Q0291Dcy0 Wondering where your healthcare organization stands when it comes to the financial performance of your complex claims revenue? Let Aspirion assess your complex claims revenue to help you recover more today. Get your free assessment today: https://hubs.li/Q0291CGM0 #healthcarefinance #hfma #rcmkpis #clinicaldenials #healthcare #healthcarercm #denialsmanagement #denialsprevention #denialsresolution #revenueintegrity #revenuerecovery #complexclaims #motorvehicleaccident #workerscompensation #veteransaffairs #outofstatemedicaid #agedar #underpaymentrecovery #technicaldenials #complexrcm
Breaking Down the Top 5 Healthcare Revenue Cycle KPIs
revcycleintelligence.com
Director of Patient Registration at Lakeland Regional Health-Florida
1moThis is awesome, not an easy award to win at all! Congrats to the whole Revenue Cycle team!