Healthcare CFOs have never been under more pressure to determine high-impact ways to eliminate waste and increase revenue. Meanwhile, 95% believe their organizations should be doing more to leverage data to inform strategy. In 2020, building strategic data muscle through investments in modern cost accounting, analytics, benchmarking tools, and consumer-focused data capture and analysis will be critical to legacy organizations’ success.
About the author: Kermit S. Randa is a senior executive at Kaufman Hall.
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