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Why Hospital CFOs must refocus on the revenue cycle to Survive

Why Hospital CFOs must refocus on the revenue cycle to Survive

Coming on the heels of the pandemic, an estimated 5 million US Workers have switched to new careers during the great resignation. The healthcare sector is one of the most affected, with the COVID-19 pandemic taking a toll on the frontline workers, i.e., physicians, nurses, and support personnel. As physicians and nurses on the verge of burning out, they seek to work with healthcare organizations that allow them a better work-life balance. Even as re-staffing for workers who have quit their jobs means higher payouts to maintain the current staffing level, healthcare CFOs face a new challenge fueled by the global geopolitical crises and the rising price of oil – inflation.

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