61% of Struggling Hospital CFOs Expect to Be Fired by 2016
by Fred Pennic 11/11/2014 Leave a Comment
61 percent of hospital chief financial officers (CFOs) and business managers in “struggling” hospitals expect to be fired by 2016 due to outdated revenue cycle management solutions, according to a recent Black Book report. The report reveals hospital CFOs could potentially lose their jobs because their outdated revenue cycle management software, staff, and solutions were powerlessly stuck in fee for service mode too long. CFOs self identified as “struggling financially” believe they must leverage new best of breed revenue cycle management solutions including software and outsourced services in order to keep their organizations financially solvent.
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