Understanding the Role of a CFO in Managing Healthcare Costs
Connect with us

Health

Understanding the Role of a CFO in Managing Healthcare Costs

JeffHough

Published

on

Want create site? Find Free WordPress Themes and plugins.

From the 80’s to the 90’s and recently to an even greater extent, the whole business ecosystem has undergone important structural and functional changes. A tide-like wave has swept full-force across all industries and the healthcare sector is no exception. The effects of this new reality, impossible to ignore, have led us directly to the evolution and reshaping of various roles and approaches, even ideologies. In such a deep reformation of the general dynamics, the call for change is articulated loudly and clearly. All healthcare facilities interested in their survival and re-blossoming in this new era, must set in motion modern and refreshed plans; strategies and policies that will include and target even the most basic, every day functions.

Chief Financial Officer

The CFO position is one of the roles that has been in the center of these shifts. CFO’s’ functions have become more demanding, complex and holistic; their duties and responsibilities have obtained a more strategic aura. Today, a CFO must be able to design a general plan of action for the facility they work for, must set goals and ambitions, but at the same time must also be able to convey these decisions and moves to the C-suite and board. They must be able to draw a connecting line between grasping an idea and the path that will lead to its realization. To sum it up; in the core of today’s CFO figure we find an amalgam of notions like risk management, innovation, allocation of resources and gainsharing, just to name a few! OR in only two words, a CFO must be an Agent of Change.

Optimal financial performance is essential for the growth of any medical facility, but to achieve this Optimal Performance, everything must work in harmony. Communication and collaboration must be total and fluid; in all departments, and of course, all equipment handled must be in top shape as well.

But at the end of the day, our two old friends cost and debt, are always the two main parameters that will keep most CFO’s awake and worried. For the management of healthcare costs (which are usually high), a modern CFO can no longer suggest and implement mere budget restrictions. The logic of imposing –solely– austerity decisions is a thing of the past. The modern CFO must constantly have an eye on the market that surrounds them, be up-to-speed with all innovative solutions and advantages that this has to offer, assess and analyze them and then try to introduce them to its healthcare facility.

A competent CFO is expected to deliver in multiple areas and to accomplish this laborious task and must be continuously informed and educated (IF they wants to be able to inform and educate). It’s not only the Healthcare sector that is being transformed non-stop. Lately, we witness everyday the importance of trans-disciplinary interconnection. In the same way that “no man is an island” no sector is far apart from any other. Business is a corpus and all its veins communicate with each other!

Medical Equipment IQ

The financial necessities and the budget draw-up of a healthcare facility is heavily depended on medical equipment. Managing its acquisition, maintenance and repair costs in a manner that is efficient and profitable is decisive. Thankfully, nowadays it is possible to obtain high-quality medical devices at a lower cost with the right finance choices.

In our present market ecosystem there are companies and providers that put forth and provide extremely useful solutions. Profitability, flexibility and sustainable leasing plans and strategies are among those. An advantageous equipment leasing deal can influence in an extremely positive way, a medical center’s general financial situation. All types of healthcare facilities can enjoy tremendous gains, turning at last to solutions that combine stability and agility.

Methods that can guarantee reduced costs and that include everything; from the acquisition of the equipment, to the repair and maintenance needs, topped with valuable advice for any issue that might occur, do exist. For instance, the purchase, rent or lease of refurbished medical equipment can be a game changer. We are talking about equipment that can be considered new, as the manufacturers of the medical machines themselves have performed all necessary upgrades; in the software and hardware, ensuring even the existence of spare parts in the future…if needed.  

Solutions

Admittedly, reducing cost is a challenging and oftentimes unpleasant, task that becomes even more demanding when opting for long-term success, built on creative and liberating approaches and not for short-term rushed and facile solutions.

However, a well-prepared, well-trained, bold and experienced CFO will soon discover that the solution might be closer than imagined. A friendly, strong and honest Leasing Provider could be a reliable ally, that would ensure cost-cutting agreements, streamlined workflows and revenue-generating medical equipment; in general, an overall fortification of the organization. And the benefits don’t end here, all profits generated can be invested elsewhere or put aside for future unexpected expenses.

We have said it in the beginning but we feel we must repeat it; in a sector and in a general reality, driven by technological advances and nonstop scientific developments, to remain relevant and artful is a bet that must be won. The new role of the CFO in this ever-changing, constantly-transforming landscape is crucial. To submerge fearlessly into deep blue waters and emerge fully oxygenated is possible. To transform and adapt to new needs can be a joyous challenge. A CFO perfectly aligned with our era will know how to switch the F in CFO for Flexibility and will set the basis for an auto-sufficient, sustainable in ALL fronts, healthy healthcare organization. The right CFO will know that knowledge is applicable creativity.

Cost-optimization, new technologies implementation, and fresh security policies will no longer be parts of a complex equation but the ones of a fruitful answer. A trustworthy Leasing partner will be a stable and robust companion during all ventures through this competitive sector.  Leased equipment, refurbished devices and all kinds of modern, practical approaches to a series of pressing demands is what you should not demand, but require.

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Health

The Truth Behind Bottled And Jarred Packaged Goods

Odyssey News

Published

on

The Truth Behind Bottled And Jarred Packaged Goods
Want create site? Find Free WordPress Themes and plugins.

The bottled and jarred packaged goods market is growing rapidly, as people are increasingly choosing to store food and drinks in a convenient, portable way.

This market is dominated by the beverage industry, which accounts for over two-thirds of the total market value. In 2020, the global bottled and jarred packaged goods market will be worth $3 trillion.

The popularity of bottled and jarred packaged goods is primarily due to three factors: convenience, portability, and hygiene. People are often reluctant to eat or drink from open containers because they feel worried about germs.

Additionally, many people find it inconvenient to carry around large amounts of food or drinks with them wherever they go. It’s the same reason people prefer casinos online, like casino utan spelpaus, to brick and mortar places; convenience. Bottled and jarred packaged goods provide a solution to these problems by being conveniently small and easy to store. They also have a much lower environmental impact than eating or drinking from open containers.

Bottled and jarred packaged goods are a popular choice for consumers who want convenience and variety. In fact, this is one of the fastest-growing segments of the grocery market.

Though there are many different types of bottled and jarred goods, the two main types are soft drinks and food. Soft drinks account for the majority of bottled and jarred sales, with beer being the second most popular type.

Food products make up a smaller portion of these sales, but they are growing at a faster rate. This is because food can be stored in sealed containers that protect it from spoilage and also allows customers to customize their meals easily. In fact, it’s thanks to properly packaged goods that you can now find lots of amazing food deals. This is because it helps prolong the life of these goods.

There are a number of reasons why customers choose bottled and jarred food over traditional grocery shopping: 

  • It’s easier to store: Bottled and jarred food can be stored indefinitely in cool, dry conditions, which eliminates the need to buy groceries regularly.
  • It’s convenient: Food products can be prepared quickly and easily without having to search for ingredients or wash dishes.
  • It’s tasty: Many packaged foods have been reformulated to taste better than ever before, eliminating the necessity for regular meal replacements or snacks.

Looking for a way to reduce the amount of waste that you produce each month? Check out our blog post on bottled and jarred packaged goods! In this article, we will discuss the benefits of choosing these types of products, and provide tips on how to avoid making unnecessary waste. We will also provide a list of the most common packaged goods that are packaged in this manner, and suggest ways to recycle or compost them if you choose to purchase them.

If you’re like most people, you probably have a pantry or fridge filled with canned and bottled goods. But have you ever stopped to think about how these products are packaged? In this post, we’ll take a look at the different types of packaging used for canned and bottled goods, and discuss the pros and cons of each. We’ll also share some tips on how to pack your pantry or fridge for maximum efficiency, so you can save money and stay healthy at the same time!

Have you ever wondered what happens to all the bottled and jarred goods that we throw away? Turns out, that a lot of them end up in landfills. In fact, according to the EPA, Americans throw away enough packaged goods every year to build a city the size of Philadelphia! But recycling isn’t the only option – composting is another great way to get these materials back into the ecosystem. In this post, we’ll discuss the benefits of both recycling and composting, and show you how you can start incorporating these sustainable practices into your everyday life.

If you’re anything like us, you love convenience when it comes to your grocery shopping. That’s why bottled and jarred goods are such a popular choice – they’re easy to grab and go, and you don’t have to worry about bringing any food with you on the go. In this post, we’ll take a look at some of the benefits of using packaged goods, and show you how to maximize their convenience. Ready to get started? Let’s go!

Is your food storage going out of date? Check out this list of the top 5 benefits of buying bottled and jarred packaged goods.

Looking for ways to reduce waste each month?

Looking for a way to reduce the amount of waste that you produce each month? Check out our blog post on bottled and jarred packaged goods! In this article, we will discuss the benefits of choosing these types of products, and provide tips on how to avoid making unnecessary waste. We will also provide a list of the most common packaged goods that are packaged in this manner, and suggest ways to recycle or compost them if you choose to purchase them. Lastly, on your online purchases make sure to visit top coupon & deal websites like Refermate to maximize your savings!

Types of Bottled and Jarred Food Packaging

As you can see, the types of food packaging are different from one another. This is why it is important to choose the right packaging for your product based on its quality and taste.

In case you have any queries about types of bottled and jarred food packaging, do leave a comment in the section below.

Depending on the type and brand, most bottled or jarred foods can keep for several months to years without spoiling.

However, if you want to ensure your food stays fresh for longer, you may want to try storing it in a vacuum-sealed bag or glass mason jar instead. These containers will also keep odors at bay and prevent dirt from accumulating inside of them.

Read More marketbusinessnews

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Health

10 Benefits of Birth Control

Odyssey News

Published

on

10 Benefits of Birth Control
Want create site? Find Free WordPress Themes and plugins.

Birth control has been a helpful innovation for families; not only does it prevent unwanted pregnancy, but it also reduces the possibility of contracting diseases to a large extent.

 

Depending on the method, birth control effectiveness offers a lot of benefits which will be outlined in this article. Have a good read.

10 Benefits of Birth Control

Every method of birth control possesses several benefits, and this depends on the one that suits you. Here are the general benefits of birth control.

1. It Is Convenient

Specific birth control methods are very convenient for couples wishing to avoid pregnancy. Birth control pills for instance are very easy to take because of their petite size.

 

Individuals taking these pills may just have to be cautious of the specific time to take these pills. Aside from that, birth control pills do give couples the rest of their minds during intercourse.

 

They don’t have to worry about pregnancy after sex. All they need to do is to get the required prescription from a nurse or doctor.

2. Prevents Unwanted Hair Growth

Features like excess growth of the body or facial hair can be caused by hormonal imbalance. This is a result of the high levels of androgen, a hormone that is common in men.

 

Birth control pills have been effective in treating such hormonal imbalances by reducing androgen levels in men and women.

3. Reduces Severe Cramps

More women take birth control pills daily to reduce painful cramps. Birth control pills reduce the pain some people experience during ovulation.

 

In essence, it prevents ovulation. The most effective method of birth control for this is hormonal birth control pills.

4. Control Over Your Period

Having an uncontrollable and heavy flow of blood every month can be overwhelming and isn’t a pleasant sight.

 

Birth control pills can help you skip your period at intervals whenever you take placebo pills, hence giving you a comfortable life.

5. Prevents Anemia

There is period-related anemia which can cause nausea, weakness, and chronic fatigue. This is a result of the inability of your red blood cells to transmit oxygen throughout your body.

 

Specific birth control methods can help you skip and reduce monthly blood flow, and can also prevent period-related anemia.

6. Controls Endometriosis

The negative impact of your uterine lining tissue growing outside the uterus is painful and can sponsor unwanted bleeding and swelling.

 

Birth control methods like pills and IUDs can help reduce the impact of endometriosis by preventing the uterine line phase during menstruation.

7. Lowers The Risk of Ovarian Cyst

An ovarian cyst occurs when tiny sacs of fluid which can be solid grow on the ovaries. The cause of ovarian cysts is generally pointed as the result of PCOS; an enlarged ovaries cyst on the outer edges.

 

Birth control helps prevent this ailment by preventing ovulation.

8. Lowers Emotional Impact During Menstruation

The period of blow flow among ladies can affect their mood daily and sometimes lead to a disorder called Premenstrual Dysphoric Disorder (PMDD).

 

This condition could also sponsor depression, short memory, and anxiety among other negative behavior.

 

Birth control combo pills that contain drospirenone and Ethinyl estradiol can help boost your mood during menstruation.

9. Lowers The Risk of Migraine Attacks

One negative symptom of menstruation among ladies is severe migraine attacks which can be triggered by anything that irritates their sight, smell, or taste.

 

Medically, such migraine is attributed to lower levels of estrogen before ovulation. Birth control pills do not only help you skip periods but also menstrual-related migraine.

10. Reduces The Risk of Reproductive Cancer

Specific cancers like ovarian and colorectal can be avoided when you take certain birth control pills. Research shows that women have had lower chances of having reproductive cancers when using birth control pills over the years.

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Health

When To See Your Primary Care Physician

columbiascp

Published

on

Want create site? Find Free WordPress Themes and plugins.

These days it’s easy to make an appointment with a specialist. While you may have to wait a few weeks (or months) to be seen, you don’t necessarily have to get a referral from your doctor. However, there are a lot of good reasons why you should first consider receiving primary care in Winter Haven, or wherever you live.

To Cover All the Bases

A primary care physician may not be able to operate on your tonsils or your appendix, but they can help diagnose your medical problems correctly. If you see a specialist first, such as an ear-nose-throat doctor or ENT, then other symptoms may be overlooked. After all, a specialist really only finds problems related to their area.

Unless it’s an emergency, you should always see your primary doctor first. This way, all of your symptoms will be taken into consideration when your diagnosis is given. And who knows, you may even need the assistance of more than one specialist when all is said and done.

To Perform a Basic Exam

If you need a medical checkup or exam, it’s best to see a primary care physician. Not only can your primary doctor give you a basic checkup, but they also can treat you when necessary. Ideally, you should visit your doctor at least once a year for a regular checkup. You owe it to yourself. After all, you take your car to a mechanic every few months for an oil change.

To Order Medical Tests

Your doctor can also order a battery of tests to make a proper diagnosis or just to complete your annual physical. At the very least, you should get some blood work done on a regular basis to find out more about your health. Blood tests can provide you and your doctor with early warning signs that can make a big difference to your future health.

In order to make the most of your test results, you should ask for a copy of everything for your personal records. This way, you have the information you need if you happen to see a specialist about the same issues later.

To Save Money

While cost may not be the primary concern when seeking appropriate healthcare, it certainly factors into the decision to some extent. Most insurance policies require larger co-pays for visiting with a specialist. Some specialist visits may not even be covered at all. And if you pay out of pocket because you don’t have insurance, you can still expect to pay more at your specialist’s office.

Going to a primary physician first can help you save money. You can get a diagnosis, preliminary testing, and even prescriptions from your regular physician. Your physician can even work together with the specialist to get you the best possible care. At the very least, you should ask both doctors to communicate with each other to avoid duplicate testing and duplicate charges.

To Improve Your Overall Health

Most people expect a lot from their doctors. And doctors don’t want to disappoint their patients. Therefore, it’s no wonder that patients meet with their doctors in order to improve their overall health. Whether you have a common disease, allergies, gastrointestinal ailments, or other concerns, now is a good time to talk to your doctor about them.

When you seek primary care in Winter Haven or wherever you live, you can expect to receive comprehensive care. The fact is that your overall health is defined by a lot more than just one aspect of your body, but only a primary care physician will take all of your symptoms into consideration before offering a diagnosis or making suggestions for appropriate treatment.

Did you find apk for android? You can find new Free Android Games and apps.
Continue Reading

Trending

error: Content is protected !!