Texas Health Resources Receives National Award for Sustainable Financial Performance|
ARLINGTON, Texas — Texas Health Resources has been selected to receive the MAP Award for High Performance in Revenue Cycle from the Healthcare Financial Management Association (HFMA). Texas Health is one of only four health care organizations nationwide to receive the award at the system level for 2013.
The prestigious national award recognizes health care organizations that demonstrate innovative and effective practices that deliver sustained financial performance, including patient satisfaction scores.
“This award recognizes a systemwide effort to improve revenue cycle performance,” said Douglas D. Hawthorne, FACHE, CEO of Texas Health Resources. “Providing outstanding care to our patients is directly linked with the long-term financial success of Texas Health Resources.”
The national recognition from HFMA closely follows Texas Health’s selection by Quality Texas Foundation to receive the Texas Award for Performance Excellence (TAPE). Texas Health was one of only two organizations to receive the award for 2013. The award recognizes high-performing organizations using the Malcolm Baldrige National Quality Award Criteria for Performance Excellence.
Texas Health’s recognition with the MAP Award at the system level is remarkable in that it demonstrates excellence across all the key indicators of revenue cycle performance across a multi-hospital, complex health care system, said Ronald R. Long, chief financial officer and executive vice president for resource development and deployment at Texas Health.
“This recognition confirms that our revenue cycle processes and metrics across Texas Health are the best in the industry,” Long said. “Excellent processes ultimately pay off in increased patient satisfaction.”
Texas Health Presbyterian Hospital Plano received the MAP award at the hospital level in 2011.
Texas Health will receive the award at HFMA’s 2013 National Institute, June 16-19, in Orlando, Fla.
About Texas Health Resources
For more information about Texas Health Resources, call 1-877-THR-WELL, or visit TexasHealth.org.