CFOs from Northwell, Baptist Health Warn of Financial Turbulence
Becker's Hospital Review
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Contributed by: Kate Gamble
Summary
Healthcare system CFOs in the U.S. are voicing concerns about the expected financial challenges in 2025, exacerbated by federal policy changes, inflation, and reimbursement uncertainties. Traditional financial strategies are no longer sufficient, leading to urgent decisions that must balance immediate costs with long-term investments. On the "Becker’s CFO and Revenue Cycle Podcast," CFOs like Michele Cusack from Northwell Health stressed the risks of potential Medicaid cuts and their impact on community health, while others highlighted the ramifications of inflation and proposed tariffs on capital investments. Matthew Arsenault from Baptist Health South Florida pointed to the significant implications of Medicare and Medicaid uncertainties on operational strategies.
