Financial Talent Shortages? Consider a CFO for Hire.

Financial Talent Shortages? Consider a CFO for Hire.

Within the healthcare industry, hiring and retaining personnel continues to be a major challenge caused by burnout and a changing industry. This staffing shortage permeates various levels of the organization, from entry-level positions to senior and executive leadership.

The role of chief financial officer at healthcare systems has continued to evolve beyond finance responsibilities as these executives become increasingly involved in operations. The pandemic changed the workplace with new tools available to automate processes and the increased ability to work virtually. Organizations now seek executives with skills beyond the financial, analytical, and strategic expertise with a focus on leadership and the ability to inspire teams through the changes that continue to be necessary to survive in the industry.

Many healthcare organizations are experiencing a void in the senior and executive leadership roles.  If your organization is currently experiencing a vacancy due to turnover or a shift in strategic priorities, which require additional time and resources, an interim senior healthcare finance professional can help to navigate the time of change.   Our team our experienced senior healthcare finance professionals can help you to:

  • Maintain financial reporting and prevent a backlog of tasks from accumulating;
  • Provide a fresh set of eyes on the financials, roles, and responsibilities within the organization and finance department;
  • Identify areas of improvement and execute solutions;
  • Optimize performance in financial reporting including metrics and dashboard for the executive team and Board

If you believe there is a need for an interim senior healthcare finance professional in your organization, please contact us. We will be happy to schedule a meeting to discuss your needs and business challenges.

Article written by:

Meghan K. Bankowski, CPA - Partner

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