Income Statement Vs. Balance Sheet? The CFO Dilemma
Last week, my colleague Jamie Stewart shared his thoughts on the many challenges facing chief financial officers (CFO) in today’s health and human service market (see For CFOs Of Behavioral Health & Social Service Organizations – The Financial Pressure Mounts). Jamie noted that because how we measure success in the health care market has changed, the way organizations are reimbursed for services is changing as well. With the growth of value-based contracting models, Jamie discussed the challenges of finding a way to combine fiscal data systems with clinical performance management to produce the management data needed to hit payer . . .