How to navigate today’s healthcare environment and remain financially sound

As hospitals and health systems face rising expenses and declining reimbursements, it is crucial for these organizations to make operational adjustments to ensure long-term financial success. During a panel discussion at the Becker’s Hospital Review 7th Annual CEO + CFO Roundtable in Chicago, several C-suite executives offered insights into how organizations can achieve financial sustainability. Panelists included:

• Tony Armada, COO of El Segundo, Calif.-based Verity Health
• Elizabeth Bolt, Senior Vice President and COO of Madison, Wis.-based UW Health
• Ken Wheat, Senior Vice President and CFO of Rancho Mirage, Calif.-based Eisenhower Health

Moderated by Mukesh Gangwal, President and CEO of Prism, here are the top takeaways from the discussion.