Healthcare Finance News July 2, 2024
CFOs want value-based contracts with commercial plans as the payer mix changes to one more heavily dependent on Medicare and Medicaid.
LAS VEGAS – Value-based care and reimbursement challenges, higher costs and especially margin improvement were on the minds of CFOs who spoke about their top concerns during a panel discussion at the HFMA Annual Conference here last week.
CFOs Michael Allen and Robin Damschroder, who head finances for large health systems OSF HealthCare and Henry Ford Health, respectively, and Jana Cook, senior vice president and CFO for the smaller Phelps Health in Missouri, talked about what they were doing for sustained margin improvement.
Cook said Phelps has been looking at the employee benefit plan and supply costs.
“We’ve...