Labor unrest isn't just a workforce issue, it's a margin and risk challenge that demands strategic financial leadership.
The recent walkout of roughly 15,000 nurses at major New York City health systems highlights a deeper truth for hospital finance leaders: workforce instability and chronic understaffing are not peripheral problems. They directly erode margins, inflate costs, and threaten operational resilience. This moment offers hard-earned lessons for CFOs who must balance financial stewardship with long-term sustainability.
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Marie DeFreitas is the CFO editor for HealthLeaders.