Here are nine financial headwinds that 141 health system executives — including CEOs, CFOs, COOs — cited as the most challenging for their organizations this year, according to VMG Health:
1. Labor shortage/contract labor: 77%
2. Physician enterprise losses: 40%
3. Aging infrastructure/reinvestment in physical plant: 34%
4. Payor contract negotiations: 31%
5. Capital accessibility: 28%
6. Payor mix shift: 26%
7. Supply and drug costs/supply chain challenges: 21%
8. Information technology investment requirements: 18%
9. Competitive investment (by others): 16%
Click here for more details on the VMG Health survey.