The report is based on a survey of 200 finance professionals in healthcare. Here is how those leaders said they were planning to cut costs:
- Invest in technology: 47%
- Outsource business functions/processes: 31%
- Restructure the workforce: 30%
- Adjust supply chains: 29%
- Divest non-core assets: 29%
- Discontinue low-margin/low-growth business lines: 26%
- Exit non-core regional markets: 23%
- Reduce office/real estate costs: 23%
- Reduce headcount: 19%
- Reduce third-party spend: 18%
