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Video | Strategy Catalyst

Heard Around the C-suite: Spring 2024 CFO Forum

Cyberthreat’s growing impact on health systems Margin recovery and growth strategies Assessing the ROI of AI solutions Medicare Advantage headwinds and strategy The financial impact of GLP-1 drugs

Key Takeaways:

1. The growing financial threat of cyber risks: With security breaches becoming more frequent, CFOs are paying close attention to the financial implications of a cyber-attack and beginning to build more guardrails.

2. Margin recovery and growth opportunities: CFOs are managing the need for strong balance sheets and pursuing growth opportunities. Ambulatory growth is a top focus across the C-suite, with a focus on pursuing JVs to meet their operational and strategic needs.

3. Assessing the ROI of AI solutions: As health systems advance their AI implementation, there is a greater focus on scaling use cases with a proven ROI and testing the validity of vendors’ claims.

4. Medicare Advantage headwinds and strategy: MA does not have the same profitability it once did, changing the calculus of MA as a growth opportunity and requiring health systems to have a more proactive MA strategy.

5. The financial impact of GLP-1 drugs: The rising popularity of GLP-1 drugs has CFOs wondering how it could pose a negative impact on surgical volumes.