HealthLeaders Media May 1, 2024
CFOs need to fight back on excessive labor costs, manual processes, and declining reimbursement, but how?
KEY TAKEAWAYS
– 2024 has not been easy on CFOs.
– From payers to poor margins to market disruptors, revamping tactics is a necessity for any CFO trying to keep their organization above water.
– And the best way to do that? Networking and strategizing with their peers.
CFOs have been getting the short end of the stick in 2024. What has pushed health system margins to the breaking point has been an unprecedented rise in the cost of labor, coupled with narrow operating margins.
But what can CFOs do about it?
Well, there are four main challenges that CFOs are facing head on,...
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