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Transform Webinar

What Comes Next for Hospital Operations : How CFOs Are Mitigating Impact of Policy to Hospital Economics and Access to Care

Speakers

Cecelia Moore, Vanderbilt
Cecelia Moore, MHA, CPA, CHFP
Chief Financial Officer and Treasurer, Vanderbilt University Medical Center
Greg Hoffman, Providence
Greg Hoffman, EVP
Chief Financial Officer, Providence

Summary

Health Systems are entering a period of heightened uncertainty as new policy shifts and financial pressures loom on the horizon. For health system CFOs, the next 12–18 months will bring difficult decisions: how to protect margins while maintaining quality and access, which investments to prioritize, and where trade-offs can no longer be avoided.

In this timely discussion, two CFOs from leading health systems will share how they are preparing their organizations for what’s ahead. They will explore how finance leaders are balancing short-term budget realities with the need to safeguard long-term performance, how they’re thinking about investments in technology and capacity, and what kinds of support they look for from industry partners in an environment of uncertainty.

Moderated by LeanTaaS Founder & CEO Mohan Giridharadas, the conversation will close with a forward-looking perspective on what success could look like 12 months from now — and why preparing now for coming policy and market changes is critical for resilience.

Key Takeaways:

  • Perspectives from CFOs on navigating margin pressure while protecting quality and access.
  • How leaders are approaching tough trade-offs between near-term constraints and long-term goals.
  • Where technology can help health systems make faster, smarter decisions under pressure.
  • Guidance for industry partners on building solutions that resonate with health system needs.

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Chapter 1: The Looming Challenge

If you work in the healthcare industry, or even if you’re just an interested observer, you don’t need a book to tell you that the financial pressure is on as never before. A perfect storm of circumstances is swirling together, one that will make survivability, not to mention profitability, a greater challenge for healthcare companies than we’ve seen in the modern era.

As with banks, retailers, and airlines, which had to rapidly enhance their brick-and-mortar footprints with robust online business models—it is the early movers eager to gain new efficiencies that will thrive and gain market share. The slow-to-move and the inefficient will end up being consolidated into larger health systems seeking to expand their geographical footprints.

The pressures on healthcare

Let’s look at just a few of the looming challenges healthcare must meet head-on.

An aging population

By the year 2030, the number of adults sixty-five years of age or older will exceed the number of children eighteen years or younger in the United States. We are living longer than our parents did. Positive news for sure, but problematic for several reasons.

The older we get, the more medical help we need. Older people have more chronic diseases. By 2025, nearly 50 percent of the population will suffer from one or more chronic diseases that will require ongoing medical intervention. This combination of an aging population and an increase in chronic diseases will create a ballooning demand for healthcare services.

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