Sherree Geyer is an award-winning journalist from Lake Forest, Calif. She writes about clinical, operational and policy-related healthcare issues for a number of publications. Contact her at sherreeg@cox.net.
The CFO of Dartmouth-Hitchcock Medical Center in Lebanon, New Hampshire, says the move towards value-based payment models helps the hospital emphasize value of care over volume, which reduces readmissions.
Most hospitals fall well short of their cost reduction targets, in part because the ability of chief financial officers to meaningfully impact how operational and clinical leaders approach the issue is limited.