Applications are now being accepted for HFMA’s High Performance Award in Revenue Cycle. The award criteria identify hospitals that are distinctive, innovative and effective in revenue cycle process improvements and patient satisfaction. In addition, it recognizes sustainable financial performance that serves the mission of the organization.

The award is sponsored by 3M Health Information Systems.

The award criteria are based on HFMA's Revenue Cycle Key Performance Indicators, developed by HFMA’s KPI Task Force, and on research for the latest PATIENT FRIENDLY BILLING® report, Strategies for a High-Performance Revenue Cycle, published in 2009.

The High Performance Award in Revenue Cycle was first presented at ANI: The Healthcare Finance Conference in 2009. The Second Annual High Performance Award in Revenue Cycle will be presented at the 2010 ANI to up to 15 hospitals that meet or exceed the award criteria. Award recipients will be recognized at several special events at ANI, including a presentation of the awards at the Monday morning general session. HFMA will also recognize the winners in its online communications and print publications, and will provide winners with press materials they can use to announce the award to their communities. Finally, award winners will become part of a distinguished peer group of healthcare finance leaders who are helping to define best practices for a high performance revenue cycle.

All applications must be submitted by March 12, 2010. To learn more about the award and to apply, visit www.hfma.org/award.