Discover how healthcare CFOs can control labor-related costs through smarter workforce investment, technology and vendor optimization, and cross‑functional collaboration, without shrinking their headcount.
Healthcare finance leaders are facing intense pressure as reimbursement cuts (especially from Medicaid) collide with rising labor costs. Rather than assuming staff reductions are the only option, savvy CFOs are exploring strategic levers to control labor cost without sacrificing workforce stability or quality of care. In this article we break down three proven strategies to help healthcare CFOs optimize for cost‑efficiency while preserving their staff.
Check out these three tips for CFOs to control labor costs without cutting staff.
For a deep dive also check out the accompanying article here.
Marie DeFreitas is the CFO editor for HealthLeaders.