| As the coronavirus disease 2019 (COVID-19) pandemic has surged throughout the summer, hospital and health system executives face continuing challenges to the bottom line that have the potential to worsen in the fall.
With an uncertain future surrounding the spread of the virus, flu season looming, and an economy attempting to recover from the worst financial collapse in generations, CFOs must plot a survival path forward for their respective organizations.
During the In this HealthLeaders Roundtable, the panel talks about implementing changes to the budgeting process and financial forecasting, balancing long-term growth opportunities with short-term expense control measures, embracing virtual care services and analyzing the financial sustainability of those options, and bracing for how widespread unemployment will impact an organization’s payer mix.
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