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CFOs Are Shifting Attention to These 4 Make-or-Break Trends

May 15, 2024
HealthLeaders Media
Hospital and health system CFOs are focusing on four critical trends to ensure financial viability in a challenging environment. During the HealthLeaders CFO Exchange event, attendees emphasized the need for early payer contract negotiations to secure favorable terms, strategic and unified budgeting for AI investments, and effective physician retention strategies considering the shift to ambulatory settings. Additionally, they highlighted that decreased length of stay (LOS) doesn’t always equate to increased revenue, necessitating thorough ROI assessments of new technologies. These measures are aimed at balancing cost reduction while maintaining high-quality patient care amidst rising labor costs and squeezed margins.
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