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Healthcare CFOs spend more time dealing with cost management and, by extension, operational issues than any other single set of items on their to-do lists.
Just under 60% of those surveyed by the Healthcare Financial Management Association (HFMA) placed this focus high on their list of “pain points” for 2024.
The same broad item topped the list in the same survey three years ago, but at that time it was named by “only” 32% of respondents.
Working with the market research company Eliciting Insights, HFMA received completed surveys from 135 heath system CFOs.
Breaking down the wide net of “cost management & operations” into sub-categories, the researchers found revenue cycle management is the largest slice of the pie, at 24%....
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