HealthLeaders Media July 15, 2024
In today’s volatile payer landscape, introducing or expanding a provider-sponsored health plan can be a powerful way to stave off skirmishes and improve care for your community. But it’s “not for the faint of heart,” says one CFO in the know.
As reimbursements dwindle and denials mount, some health system CFOs are eyeing insurance plans of their own to weather the storm.
Aside from staving off skirmishes with external payers, proponents say it’s a way to boost care quality, integration, and affordability for their communities.
But that doesn’t mean it’s easy going.
“It is not for the faint of heart,” says Robin Damschroder, MHSA, FACHE, executive vice president and chief financial and business development officer at Henry Ford Health (HFH),...
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