Healthcare CFO's face the heat of declining reimbursement rates

The value-based reimbursement contract necessitates providers to improve on all aspects of organizational performance.

Lack of enthusiasm seems to have overtaken hospital CFO's to manage the financial implications arising out of value-based reimbursement and care delivery models.

Kaufman Hall, the consulting firm in their recent survey approached several prominent CFOs and senior finance executives representing the healthcare industry to understand and know their performance management goals and challenges.

'Off the 160 hospitals surveyed, only 13 percent of organizations were ready with plans to manage the unfolding payment and care delivery models using their current financial planning and processing tools'

to read more, visit this Declining Reimbursement Rates in Healthcare