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A Financial Transformation Guide for Health System CFOs

A Financial Transformation Guide for Health System CFOs

The fight for survival – Understanding the Plight of Rural Healthcare Facilities The Shifting Costs of Caring As Hospital and Health System CFOs prepare for the post-pandemic world, they are witnessing an unprecedented labor crisis and a spiraling backlog of AR volumes that can bring down the entire organization. Cost pressures, shifts in payer mix, rising consumerism, and declining reimbursements add to their woes. Patient visits have been unpredictable in the post-pandemic world. This article discusses some of the current headwinds and provides strategies that CFOs can utilize to help their healthcare organizations to grow and thrive. They must take a comprehensive relook at their existing cost structures and operational challenges to implement transformational strategies.

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