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Healthy Outcomes: The role of the CFO within healthcare provider organizations
Nov. 15, 2022 · Authored by Mark J. Ross
On this episode of Healthy Outcomes, our host Mark Ross interviews Phil Ryan, a recently retired CFO with nearly 40 years of healthcare financial management experience, about the healthcare provider industry, the role of the CFO and Board of Directors in a healthcare provider organization and financial sustainability of healthcare provider organizations.
Topics of discussion include:
- The role of the CFO in a healthcare provider organization and how this position has evolved over the years
- The importance of the relationship between the CFO and other members of the management team in a healthcare provider organization
- The role of the board of directors in a healthcare provider organization and the skill sets needed to create an efficient and effective board
- The challenges faced by healthcare provider organizations in today’s operating environment
- Financial sustainability for a healthcare provider organization, including enhancing/diversifying revenues, controlling expenses, etc.
- The importance of healthcare providers “controlling what they can control” to sustain their organizations into the future
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