How Will Hospitals Continue to Navigate Financial Uncertainty?
Two healthcare CFOs reveal how they lead during unforeseen times
The last two years have been some of the most volatile for hospital finance leaders. Their organizations endured relentless bottom-line attacks due to the pandemic’s repeated surges, tanking surgery volumes, widespread staffing shortages, and higher prices for supplies. Even more financial uncertainty lies ahead with the end of COVID-19 subsidies, worsening labor shortages, and climbing inflation and costs.
In our latest Industry Focus Section, hear from Darryl Linnington, CFO of CHA Hollywood Presbyterian Medical Center (CHA HPMC)—a 469-bed acute care facility in Los Angeles—and Ben Spence, chief financial and business services officer for Lee Health, a public health system in Fort Myers, Florida, with four acute care hospitals, for insights into how they’re navigating their organizations during these unforeseen times.
The last two years have been some of the most volatile for hospital finance leaders. Their organizations endured relentless bottom-line attacks due to the pandemic’s repeated surges, tanking surgery volumes, widespread staffing shortages, and higher prices for supplies. Even more financial uncertainty lies ahead with the end of COVID-19 subsidies, worsening labor shortages, and climbing inflation and costs.
In our latest Industry Focus Section, hear from Darryl Linnington, CFO of CHA Hollywood Presbyterian Medical Center (CHA HPMC)—a 469-bed acute care facility in Los Angeles—and Ben Spence, chief financial and business services officer for Lee Health, a public health system in Fort Myers, Florida, with four acute care hospitals, for insights into how they’re navigating their organizations during these unforeseen times.
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