Click here for the October 2014 Issue LTC Special Edition Issue ___________________________________________________________________________________________________________
Board Election Results
Congratulations to Jodi Depalma (Norwalk Hospital), Christina Hage (Healthy CT), Matt Schuster (Eastern Accounts) and Krista Strazza (TCORS) on their election to the CT HFMA Board of Directors. Also, congratulaions to Patrick Garvey (CCMC) on his re-election.
Click here (.docx) to read the press release.
Norwalk Hospital, along with 5 other hospitals, was awarded the MAP [Measure, Apply, Perform ] Award for Performance Improvement in revenue cycle at the Health Care Financial Management [HFMA] October MAP conference. The MAP Award recognizes health care organizations that demonstrate measurable improvement in MAP Revenue Cycle Keys- key performance indicators that set the standard for revenue cycle excellence in the healthcare industry.
Norwalk Hospital was recognized for its recent revenue cycle LEAN performance improvement activity over the past few years. This activity resulted in net days of accounts receivable of 29 days, which measures the average length in days to secure payment after service is provided. The best practice metric for this national indicator is between 35-40 days.
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