The healthcare CFO imperative: 5 plays for successful cost cutting


When CFOs work to cut costs in today's healthcare environment, achieving profitability is not the sole aim. Reducing costs in key areas can allow organizations to be nimbler and adapt to changing models of care and reimbursement. To achieve such a level of adaptability, healthcare CFOs are increasingly looking for new tools to eliminate fiscal waste and improve efficiency. Implementing these solutions, however, comes with a host of challenges, not the least of which is navigating budgetary restrictions.

This whitepaper offers an overview of the industry challenges most affecting the role of healthcare CFOs and details five plays for successful cost cutting, including:

  • How to enhance staff engagement and productivity
  • How to foster collaboration between external and internal stakeholders
  • How to align benchmarks with strategy and commit to success

 

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