While every CFO should be shaking things up, most health care organizations are not ready to take the steps necessary to survive, let alone succeed. There are very few organizations that have the culture, leadership, governance and business model to succeed in the new health care economy. We will discuss key issues and changes on which CFOs should be taking the lead to ensure their organization's survival.
Why every CFO should be shaking things up now. CFO's must take the lead in refocusing the organization's strategic plan.
Understand why cost cutting initiatives won't be enough.
Identify where new sources of revenues and how to get them flowing.
Understand why consolidations often fail.
Discuss how to value a practice or business you are considering for acquisition.
What you should be thinking about as payers and providers consolidate.