Bashar Naser serves as Chief Financial Officer at Gerald Champion Regional Medical Center.
On May 24th, Bashar will serve on the panel "Three Top Concerns for CFOs in 2021 and How We are Dealing With Them" at Becker's Hospital Review 11th Annual Meeting. As part of an ongoing series, Becker's is talking to healthcare leaders who plan to speak at the conference, which will take place on May 24-26, 2021 in Chicago.
To learn more about the conference and Bashar's session, click here.
Question: What, if anything, should hospitals be doing now given economists' projections of a forthcoming economic downturn?
Bashar Naser: Pay close attention to revenue cycle and managed care payers as they constantly looking for ways to reduce hospital's and physician's payments.
Q: How can hospitals reconcile the need to maintain inpatient volumes with the mission to keep people healthier and out of the hospital?
BN: Focus on readmission reduction and free beds for new specialties that can be started and grown to admit for needed beds.
Q: Where do you go for inspiration and fresh ideas?
BN: Attend seminars and focus on new ideas, what's working well and what's not. Know what your competition is planning and be proactive and reactive.
Q: What do you see as the most exciting opportunity in healthcare right now?
BN: People will be living longer and seeking our care more frequently and focus on providing Oncology and Cardiology care as they will be in higher demand.
What do you see as the most exciting opportunity in healthcare right now?