HFMA Announces New Service to Streamline Revenue Cycle Benchmarking Process

Westchester, Illinois, UNITED STATES


Westchester, Ill., June 26, 2017 (GLOBE NEWSWIRE) -- The Healthcare Financial Management Association (HFMA) announces a new data service, provided by Med-Metrix, which helps automate portions of the healthcare revenue cycle benchmarking process for its MAP App clients.

HFMA’s web-based MAP App helps hospitals, health systems, and physician practices improve performance throughout the revenue cycle. MAP App’s industry standard key performance metrics (MAP Keys) help organizations benchmark their performance against peer groups and the industry.

MAP App subscribers can now use Med-Metrix data integration services to help automate their monthly data extract. Med-Metrix offers deep subject matter expertise, robust analytics, and tailored services that will streamline the monthly process of data extraction and submission into HFMA’s MAP App.

“Med-Metrix data integration service will streamline the process of submitting data to MAP App, helping our subscribers accurately compare their performance to peer groups and the industry and align their goals with the industry’s best practices,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA.

Med-Metrix CEO Joe Davi added, “We are excited to partner with our friends at HFMA to offer MAP App subscribers a convenient and robust solution that will simplify the data extraction process and accelerate the delivery of valuable MAP app content to end users.”

Med-Metrix will be exhibiting at HFMA’s annual conference, scheduled from June 25-28 in Orlando, Fla. Please visit them in booth 312 to learn more about this new service offering.

About HFMA
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care.

About Med-Metrix

Med-Metrix is an industry leader in the development and application of performance management technology in the healthcare sector. Our executive team includes former leaders of National Revenue Cycle firms, Hospital Turnaround Management businesses, and Managed Care companies. Our subject matter experts and state-of-the-art software provide our business partners with a comprehensive, data-driven view of performance across their organizations, enabling them to realize operational efficiencies, reduce the cost of care, and measure clinical outcomes.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/872cbd4b-fece-4d6b-b7d2-a01aa0fc70f1


        

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