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The transition from fee-for-service to value-based care has chief financial officers (CFOs) thinking hard about the future — and many feel ill-equipped for what’s ahead.
A recent survey found 87 percent of healthcare CFOs don’t believe their organizations are very well-prepared to manage evolving payment models using existing financial tools and processes. Similarly, 77 percent of CFOs lack confidence in their teams’ abilities to quickly adjust business strategies and plans in a rapidly transforming environment.
If you’ve been paying attention to healthcare finance, these findings shouldn’t come as a surprise — but there’s still time, and great resources available, to get ahead of the problem.