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What’s in the foundation of a strong CFO-CIO dynamic?
When the CFO and CIO can work together without friction, health systems reap the benefits of financially sound innovation. Numerous issues prevail in today’s healthcare climate, from high costs due to inflation and labor expenses, to physician and nurse burnout due to outdated technology. There are countless challenges that call for CFO and CIO collaboration, but what do both parties need to understand for the relationship to be successful?
The HFMA conference this year highlighted the importance of this collaboration. One CFO described the dynamic as “putting the innovation where it makes sense.”
Andy Adams of Nordic Consulting moderated this discussion at HFMA and notes the value for a health system...
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