Privia Health Group Inc. Honored with Prestigious HFMA MAP Award for Revenue Cycle Excellence
1. Acknowledging Excellence in Healthcare Financial Management
On March 24, 2026, Privia Health Group, Inc. (Nasdaq: PRVA) announced a significant achievement: its network of affiliated medical groups, collectively known as Privia Medical Group, has been awarded the prestigious 2026 MAP (Measure, Apply, Perform) Award for High Performance in Revenue Cycle. This award is sponsored by the Healthcare Financial Management Association (HFMA) and signifies the highest accolades in revenue cycle management within the healthcare industry.
2. A Legacy of Recognition
Privia Health has consistently demonstrated its prowess in revenue cycle management, earning recognition from HFMA in nine of the last ten years. This consistent acknowledgment highlights the company's unwavering commitment to maintaining excellence in financial stewardship within the healthcare sector. The MAP Award is one of the industry's most respected distinctions, focusing on key revenue cycle metrics such as net collection rates, accounts receivable performance, denial prevention, and cost to collect.
"As a national award winner, Privia Health met or exceeded industry-standard revenue cycle benchmarks (MAP Keys®) while also promoting patient-centered best practices aligned with HFMA’s Healthcare Dollars & Sense® initiative," stated the company in its press release.
3. Insights from Leadership
Melanie Suranto, Senior Vice President of Revenue Cycle Management and Credentialing at Privia Health, expressed her pride in the recognition, stating, "Consistent recognition from HFMA reflects the strength of our revenue cycle operations and the collaboration across our teams to deliver a seamless, patient-centered financial experience. This achievement is a testament to the discipline, innovation, and commitment of our teams nationwide to deliver value for both clinicians and patients."
The award ceremony took place on March 18 at the HFMA Revenue Cycle Conference held in Arlington, Texas, marking a noteworthy moment for Privia Health and its extensive network.
4. Strategies Driving Success
Privia Health's impressive performance is attributed to a multi-year transformation strategy that has focused on various innovative approaches:
- Advanced Analytics and KPI Discipline: Implementing strong accountability measures and transparency in operations.
- AI-Enabled Automation and Workflow Optimization: Utilizing cutting-edge technology to enhance both efficiency and accuracy in revenue cycle management.
- Enhanced Provider Engagement and Education: Strengthening front-end performance through better training and support for providers.
- Scalable Operating Models: Developing adaptable frameworks that support growth across diverse markets, ensuring sustainability and responsiveness to changing healthcare demands.
These strategic initiatives have allowed Privia Health to excel across HFMA’s MAP benchmarks, solidifying its reputation as a leader in revenue cycle innovation and execution.
5. About Privia Health
Privia Health is recognized as one of the largest physician enablement companies in the United States, with operations spanning 24 states and the District of Columbia. The company builds extensive provider networks featuring primary-care centric medical groups and risk-bearing entities, all supported by a physician-led governance structure. The Privia Platform encompasses a wide array of technology and service solutions that optimize over 1,300 physician practices, enhancing the patient experience for more than 5.8 million patients and rewarding over 5,300 physicians and advanced practitioners for delivering high-value care.
Privia Health is dedicated to transforming healthcare delivery, aiming for improved outcomes, reduced costs, and enhanced community health and provider well-being.
In a rapidly evolving healthcare landscape, Privia Health's recognition by HFMA serves as a testament to its commitment to excellence in revenue cycle management, setting a benchmark for other organizations within the sector.