Becker's Healthcare February 25, 2025
Hospital CFOs expect margins to remain relatively flat this year and are confident in their team’s ability to make adjustments amid rapid change.
Strata surveyed 100 healthcare finance professionals to gain insights into their margin projections and big areas of focus for the year. Fifty-five percent of the respondents cited margin management as their biggest concern, followed closely by labor expenses. Its unsurprising tight margins and labor expenses were top of mind for most finance leaders, as ballooning salaries and talent shortages may stymie current financial success as well as hamstring growth.
The survey respondents cited margin management among their top concerns reported challenges with identifying, executing and tracking margin initiatives. They also are having...