Shocking: 87% of Hospital CFOs are NOT Prepared for Value-Based Reimbursement

According to a new research study, very few hospital CFOs are prepared to deal with the financial aftermath of constantly evolving business conditions, such as care delivery methods and value-based reimbursements. 

The study investigated around 160 healthcare organizations, hospitals, and health systems and the news that was discovered was quite troublesome. 

The statistics recorded in the research study included:

• Only 13% of the Hospital CFOs are being prepared to handle any sort of evolution in payment processes and value-based reimbursement.
• After discussing this with many senior financial executives and CFOs, it was concluded that only 23% of the CFOs are actually prepared to deal with such cases, and are confident that their organization would be able to tackle and make quick adjustments in such cases.

It was stated by a consulting firm that this data is a serious concern for healthcare organizations out there, and should be dealt with immediately. Read More...