Cymetrix Solutions is MAP Keys Compliant. HFMA has scrutinized source data-capture and data-reporting capabilities and established that Cymetrix Solutions is MAP Keys Compliant for the following MAP Keys: What does it mean to be MAP Keys Compliant? HFMA’s MAP Keys set common, industrystandard metrics for revenue cycle performance across healthcare institutions and physician practices. Cymetrix Solutions incorporates these metrics for key data elements, enabling providers to track, compare, and evaluate performance improvements using the MAP Keys. MAP Key Title Compliant Numerator Calculation Compliant Denominator Calculation MAP Key Category MAP Key Title Compliant Numerator Calculation Compliant Denominator Calculation MAP Key Category Point-of-Service (POS) Cash Collections POS payments Total patient cash collected Patient Access Denial Write-Offs as a Percent of Net Revenue Net dollars written off as denials Average monthly net revenue Claims Adjudication Days in Total Discharged Not Final Billed (DNFB) Gross dollars in A/R (not final billed) Average daily gross revenue Revenue Integrity Aged A/R as a Percent of Billed A/R by Payer Group Billed payer group by aging (0-30, >30, >60, >90, >120 days) Total billed A/R by payer group Claims Adjudication Days in Total Discharged Not Submitted to Payer (DNSP) Gross dollars in DNFB + Gross dollars in FBNS Average daily gross revenue Revenue Integrity Net Days in A/R Net A/R Average daily net patient service revenue Management Late Charges as Percent of Total Charges Charges with post date greater than 3 days from service date Total gross charges Revenue Integrity Management Net Days in Credit Balance Dollars in credit balance Average daily net patient service revenue Days in Final Billed Not Submitted to Payer (FBNS) Gross dollars in FBNS UB04 (837I) Clean Claim Rate Why is it important? Providers today face tremendous pressures to improve the revenue cycle. They need common metrics to track performance and evaluate improvement efforts. Cymetrix Solutions automatically ensures that your data are consistent with the industry-standard definitions of these key data elements, giving you comparisons you can trust with your peers and institutions across the industry. To find out more about the MAP Keys Compliant Program, contact: Aged A/R as a Percentage of Billed A/R 0-30, >30, >60, >90, >120 days Total billed A/R Revenue Integrity Cash Collection as a Percent of Adjusted Net Patient Services Revenue Total cash collected Average monthly net revenue Management Average daily gross revenue Claims Adjudication Bad Debt Bad debt Gross patient service revenue Management Number of claims that pass edits requiring no manual intervention Total claims accepted into claims scrubber tool for billing prior to submission Claims Adjudication Charity Care Charity care Gross patient service revenue Management Denial Rate Zero Pay Number of zero paid claims denied Number of total claims remitted Claims Adjudication Charity as a Percent of Uncompensated Care Charity care Total uncompensated care (bad debt + charity care) Management Denial Rate Partial Pay Number of partially paid claims denied Number of total claims remitted Claims Adjudication Case Mix Index CMI (average RW/ patient) = sum of relative weights for all inpatients Number of inpatients in the month Management Denials Overturned by Appeal Number of appealed claims paid Total number of claims appealed and finalized or closed Claims Adjudication Paul Bielat HFMA’s MAP Team Leader 877.720.4MAP (4627) [email protected] Visit hfma.org/mapkeys for more information. SM Le ar n m or e at hf m a. or g/ m ap . HFMA’s MAP is a comprehensive suite for improving revenue cycle performance in the health care industry. Based on the industrystandard MAP Keys, HFMA’s MAP is the trusted source of credible metrics, data, and strategies for hospitals and health systems individually and for the industry as a whole. SM Indicators of Revenue Cycle Excellence Created by and for healthcare finance leaders led by HFMA, the MAP Keys are a comprehensive set of industry-standard metrics to measure and compare revenue cycle performance. The MAP Keys cover hospitals, health systems, and physician practices, and are continually updated by an advisory board of industry leaders called the MAP Keys Task Force. The Web-Based Platform for Revenue Cycle Excellence MAP App is the premier, web-based platform that helps hospitals and physician practices improve performance throughout the revenue cycle. Based on the industry-standard MAP Keys, MAP App tracks performance, provides peer group benchmarking drawn from more than 500 facilities, offers evidence-based improvement strategies, and includes an ROI Calculator to guide investment decisions – all with outstanding support from HFMA. Recognition for Revenue Cycle Excellence HFMA’s MAP Award for High Performance in Revenue Cycle recognizes hospitals, health systems, and physician practices whose innovative and effective strategies have enabled them to achieve excellence in revenue cycle performance. Winners excel in meeting industry-standard MAP Keys, implementing the patient-centered recommendations and best practices embodied in HFMA’s Healthcare Dollars & Sense™ initiatives, and achieving outstanding patient satisfaction. Award recipients are acknowledged as industry leaders and share proven strategies with HFMA members and other professionals. The Revenue Cycle Conference MAP Event is developed for employees of provider organizations focused on improving the revenue cycle including executives, key staff from patient access and patient financial services; revenue cycle leaders, directors and managers; chief financial officers and VP’s of finance; physician integration project leaders; physician office revenue cycle professionals; health information professionals; clinical documentation professionals; billing, coding and finance professionals; claims adjudicators; and managed care contract liaisons.
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