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Bending the Cost Curve: How CFOs Can Help Mitigate Rising Labor Costs

Analysis  |  By Amanda Norris  
   December 06, 2023

A new wage increase in California will have a large impact on organizations, and strategic planning will be key.

Brett Tande, CFO of California-based Scripps Health, recently spoke with HealthLeaders about his plans to strategize and budget for the new law that will gradually raise California healthcare workers' hourly minimum wage to $25.

In the video interview excerpt below, Tande discusses how this new bill with impact the payer/provider relationship and how Scripps plans to help “bend that cost curve a little bit more.”

Amanda Norris is the Associate Content Manager of Finance, Payer, Revenue Cycle, and Strategy for HealthLeaders.

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