Hospitals and health system CFOs explain how they divide their time and which activities take up the most of it.
Gary E. Weiss, CFO, NorthShore University HealthSystem (Evanston, Ill.): Depending on the environment focus changes, but given the current environment the area where the greatest amount of my time is focused is on mergers and acquisitions. [The second] would be financial reporting.
Nick Swift, CFO, Maury Regional Health Systems (Columbia, Tenn.): Primary activities are growing revenues, cost cutting, eliminating waste and improving processes. In addition, how to develop improved relationships with our physician partners for a health system funded as a bundled payment versus just increased utilization.
Are you a hospital CFO? If you'd like to share your thoughts on this question, comment below or email Lindsey Dunn (lindsey@beckershealthcare.com) to have your response published.
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Gary E. Weiss, CFO, NorthShore University HealthSystem (Evanston, Ill.): Depending on the environment focus changes, but given the current environment the area where the greatest amount of my time is focused is on mergers and acquisitions. [The second] would be financial reporting.
Nick Swift, CFO, Maury Regional Health Systems (Columbia, Tenn.): Primary activities are growing revenues, cost cutting, eliminating waste and improving processes. In addition, how to develop improved relationships with our physician partners for a health system funded as a bundled payment versus just increased utilization.
Are you a hospital CFO? If you'd like to share your thoughts on this question, comment below or email Lindsey Dunn (lindsey@beckershealthcare.com) to have your response published.
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