Navigation Links
Intersection of Financial and Regulatory Forces is Broadening Roles of Healthcare CFOs
Date:6/24/2008

Ernst & Young Report Reveals Healthcare CFO Perspectives on Top Industry

Challenges

LAS VEGAS, June 24 /PRNewswire/ -- With the US healthcare system on the threshold of change, healthcare chief financial officers feel the need to anticipate change and begin the process of business transformation before the arrival of any public policy mandates. CFOs face daunting challenges, and their insights on the state of the industry are revealed in a new report released today by Ernst & Young LLP: Healthcare change: Reform or transformation? A CFO perspective.

Based on confidential and candid discussions in two forums with 23 CFOs from leading US healthcare systems earlier this year, the report provides a picture of an industry in financial distress through the eyes of healthcare financial executives.

"As resource pressures mount and regulatory oversight intensifies, CFOs can expect their financial management skills and their policy management expertise to be sharply tested," said Rick Wallace, Managing Partner for Ernst & Young's Health Advisory Services practice. "Leading CFOs now must embrace their role as change agents, analyzing risks and strategies to help guide their companies through a difficult transition, which is nothing short of an industry overhaul."

The forum participants concurred on seven critical issues likely to reshape the industry in years to come.

Paying for healthcare: Hospital finances are being eroded by the growing numbers -- now 47 million -- of uninsured and underinsured. Aging populations, expensive drugs and technology, rising labor costs and hospital obligations to provide care -- regardless of ability to pay -- have combined to create a perfect storm for the industry. Stepping up workforce productivity is seen as the only last chance to improve margins. CFOs agree that curbing the escalating costs must be at the core of healthcare reform.

Access to capital: While ma
'/>"/>

SOURCE Ernst & Young
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Research and innovation at the intersection of physics and health sciences
2. TransUnions Enhanced Revenue Manager(SM) Improves Patient Financial Assistance, Assessments and Hospital Productivity
3. American Scientific Resources, Inc. Discloses Reviewed Financials
4. Symmetry Medical to Report First Quarter 2008 Financial Results on June 24, 2008
5. As Consumers Feel Financial Burden of Increasing Health Care Costs, Health Plans Have Opportunity to Address Unmet Consumer Needs and Become Trusted Advisors
6. Shanghai Medical Technology Co., First Quarter 2008 Financial Results
7. The Quantum Group Announces Second Quarter Financial Results for Fiscal Year 2008
8. Financial Incentives Could Improve Organ Donation and Reduce Donor-Recipient Gap
9. China Yingxia International, Inc. Appoints Chief Financial Officer
10. Chem Rx Corporation Appoints Gary M. Jacobs Chief Financial Officer
11. Alphatec Spine Names New Chief Financial Officer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/31/2014)... GoDaddy, IX Web Hosting and Bluehost are popular ... hosting, which is the method of partitioning a ... which has the appearance and capabilities of running ... compared many professional web hosting suppliers and announced ... hosting suppliers in the global market. , GoDaddy ...
(Date:8/31/2014)... 2014 With years of hard work, Delta ... secondhand construction machines. Recently, the company has updated its ... cat 966 loaders. All these items are guaranteed to be ... now. , It is true that all items in ... selected by machine specialists. The firm is making full efforts ...
(Date:8/31/2014)... Twin to twin transfusion syndrome (TTTS) almost took the lives ... but an innovative fetal surgery at the SSM St. Louis ... Now, their parents David and Theresa Colp want to build awareness ... Louis at the St. Louis Fetal Care Institute. They are hosting ... Blvd, St Louis, MO 63130) on Friday, Sept. 10 from 6 ...
(Date:8/31/2014)... Orem, UT (PRWEB) August 31, 2014 ... C supplement, sourced from organic fruits and ... (requires subscription) in all aspects tested, including purity ... Vitamin C supplements feature Ascorbic Acid from genetically ... an entirely synthetic process. The process involves the ...
(Date:8/31/2014)... 31, 2014 The Annual ... in dietary supplements, has picked NutriGold’s MeraTrim based ... Weight Management category. This nomination reaffirms NutriGold’s position ... products that can support healthy weight-loss in conjunction ... , NutriGold’s weight-loss product includes two clinically-proven ingredients ...
Breaking Medicine News(10 mins):Health News:GoDaddy, IX Web Hosting and Bluehost Are Awarded As Hosting Experts by Top10BestSEOHosting.com 2Health News:Delta Updates Its Wheel Loader Assortment With A Lot Of Cheap Used Cat 966 Loaders 2Health News:After a Rare Diagnosis Threatened Their Boys’ Lives, Parents Build Awareness About TTTS and Fetal Surgery Options at The SSM St. Louis Fetal Care Institute. 2Health News:After a Rare Diagnosis Threatened Their Boys’ Lives, Parents Build Awareness About TTTS and Fetal Surgery Options at The SSM St. Louis Fetal Care Institute. 3Health News:NutriGold’s Organic Wholefood-Sourced Vitamin C Gets ConsumerLab’s Seal of Approval 2Health News:NutriGold’s Organic Wholefood-Sourced Vitamin C Gets ConsumerLab’s Seal of Approval 3Health News:NutriGold’s Weight-loss Product Honored with a SupplySide Editor’s Choice Awards Nomination 2Health News:NutriGold’s Weight-loss Product Honored with a SupplySide Editor’s Choice Awards Nomination 3
... today shows angioplasty and stenting can prevent amputation and ... with severe critical limb ischemia and gangrene (tissue loss). ... remained open, with a ninety-one percent success rate, thus ... patients who were consecutively enrolled over a six-year period ...
... issued the ‘black box’ warning- the highest level of warning, ... counteract anemia. , These drugs, such as ... chemotherapy and kidney failure. They are hormone-based drugs, ... that there was a more than a warranted number of ...
... relief than just ‘ironed out’ wrinkles//. ,A ... botox treatment for those suffering from spasticity that arises ... other neurological disorders. This condition renders simple movements, walking ... are constantly contracted, as they do not get the ...
... of Health and Clinical Excellence) has given the ‘thumbs down’ ... final decision on the matter. It says that the drug ... on the NHS. , This decision will only ... cancer treatments, as it follows bickering over whether ...
... University of Pittsburgh have found that behaviors such as ... variations in a serotonin receptor gene.// ... relationship between variations in the serotonin receptor 2C gene ... researchers led by Indrani Halder, Ph.D., of the Cardiovascular ...
... for a cardiac department in Mackay. //The report has brought ... in this hospital, which does not support a cardiac care ... with the treatment, especially for heart attack patients or for ... Base Hospital was found to meet the expectations to an ...
Cached Medicine News:Health News:Multi-Year Data Shows PAD Treatment Prevents Amputation 2Health News:NICE Gives the Final ‘NO’ to Roche’s Tarc 2
(Date:8/29/2014)... CHAPEL HILL, N.C. , Aug. 29, 2014 /PRNewswire/ ... Opinion Leaders (KOLs) can be the difference between a ... struggle to effectively map and stratify KOL targets – ... to build the type of strong relationships upon which ... recent research, savvy pharma companies have identified internal inconsistencies ...
(Date:8/29/2014)... Ore. , Aug. 29, 2014 /PRNewswire-iReach/ -- ... Accessory (Axilla) Strap for the SAM Junctional Tourniquet.  ... SAM Medical Products announced today ... voluntary recall to address a potential issue with ... used for the Axilla application of the SAM ...
(Date:8/29/2014)... MARLBOROUGH, Mass. , Aug. 29, 2014 /PRNewswire/ ... ) prospective, multinational study on stent removability and ... strictures has been published in the August issue ... The multinational study 1 is being conducted ... removal of fully covered self-expanding metal stents (FCSEMS) ...
Breaking Medicine Technology:Implementing a Strategic Thought Leader Management & Engagement System 2SAM Medical Products Implements Voluntary Recall of its Accessory (Axilla) Strap for the SAM Junctional Tourniquet. 2Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 2Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 3Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 4
... COLUMBUS and ZANESVILLE, Ohio , May ... www.huntington.com ) has created a unique funding model to finance ... installation at one of the region,s largest health care providers, ... equipment finance deal will install a clinical information system ...
... YORK , May 12 Reportlinker.com announces that a new market research report is ... Ophthalmic Therapeutic Drugs: Technologies and Global Markets ... http://www.reportlinker.com/p0196569/Ophthalmic-Therapeutic-Drugs-Technologies-and-Global-Markets.html , , ... , , ...
Cached Medicine Technology:Huntington Financing Package Supports Major Regional Medical Center Electronic Medical Records Project 2Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 2Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 3Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 4Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 5Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 6Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 7Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 8Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 9Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 10Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 11Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 12Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 13Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 14Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 15Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 16Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 17Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 18Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 19Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 20Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 21Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 22Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 23Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 24Reportlinker Adds Ophthalmic Therapeutic Drugs: Technologies and Global Markets 25
Exactech's AcuMatch C-Series (cemented femoral stem) is designed to provide solutions to the problems which compromise both the short and long term successful outcome of cemented hip arthroplasty....
The link ribbed hip stem for cementless primary hip replacement surgery....
The cemented hip joint prosthesis system....
The Quatroloc primary hip system offers 35 primary stems to fit almost all femurs for primary hip arthroplasty....
Medicine Products: