In collaboration with Bank of America Merrill Lynch
Hospital and health system executives are wrestling with an uncomfortable reality: Expenses are outpacing revenue and margins are shrinking. The factors fueling this trend are varied and complex, ranging from merger and acquisition activity to provider shortages and regulatory changes. While these external pressures are largely outside of leadership's control, health systems are not without recourse.
Leading hospital and health system CFOs are responding to external financial pressures with internal reassessments of their organization's cost structure. This e-book takes a closer look at hospital and health system cost structures to discuss opportunities for savings, the role of data in identifying savings, and how organizations balance cost structure realignment efforts while maintaining a focus on innovation. The content is based on results of the Bank of America-Becker's survey and a roundtable discussion with two hospital and health system CFOs and one healthcare strategy expert.
To learn more about the insights discussed in this roundtable and download the e-book, click here.