How Not-For Profit Healthcare Organizations
Differ From For-Profits
Succeeding as a nonprofit health system in the rapidly consolidating provider market is a challenge.
Margins are tight and the financial leaders of these organizations are constantly tasked with finding reliable sources to drive revenue. These executives need to balance short-term goals with expectations for long-term stability.
There are several other factors that contribute to their sizable workload, including:
- negotiations with payer organizations,
- approaches to cutting costs without reducing the amount of full-time employees, and
- initiatives that seek to break down the traditional barriers to care in order to meet patients where they are.
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