ARLINGTON, VA – June 29, 2021 – Privia Medical Group, a subsidiary of Privia Health Group, Inc. (Nasdaq: PRVA), has been named as a recipient of the 2021 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association (HFMA).
This is the sixth straight year that Privia has been recognized by HFMA for its revenue cycle capabilities and performance. As a national award winner, Privia Medical Group has met industry-standard revenue cycle benchmarks, implemented the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense® initiatives, and achieved outstanding patient satisfaction.
Award recipients are acknowledged as industry leaders and share proven strategies with their colleagues. The award will be formally presented on June 29 during the HFMA Annual Conference Preview and this November winners will be celebrated at the HFMA Annual Conference in Minneapolis, MN.
“It is an honor to receive this award for the sixth consecutive year from the top financial management organization in the healthcare industry,” said Maureen Clancy, Privia Health Senior Vice President, Operations. “This accomplishment highlights the diligence of our entire team – including physicians, providers and their staff – who work collaboratively and prioritize patient satisfaction each day.”
“The planning and execution of revenue cycle management is a primary strategy for achieving operational excellence within all of our provider practices,” said Shawn Morris, Chief Executive Officer of Privia Health. “This is key to the financial health and stability of physicians and providers, and enables us to work to excel in value-based care, grow our organization, and expand capabilities that add meaningful, new value to our provider partners and their patients.”
Created by and for healthcare leaders, HFMA’s MAP initiative sets the standard for revenue cycle excellence in the healthcare industry. MAP is a comprehensive strategy that allows organizations to measure revenue cycle performance using the industry-standard MAP Keys; apply evidence-based strategies for improvement; and perform to the highest standards to improve financial results and patient satisfaction.
About Privia Health
Privia Health™ is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings. Our platform is led by top industry talent and exceptional physician leadership, and consists of scalable operations and end-to-end, cloud-based technology that reduces unnecessary healthcare costs, achieves better outcomes, and improves the health of patients and the well-being of providers. For more information, visit priviahealth.com.