In this episode of the Becker CFO and Revenue Cycle Podcast, Madeline Ashley interviews Jeff Harrington, CFO of Children's Hospital Colorado, about current trends in the healthcare industry. Harrington discusses the financial challenges posed by Medicaid cuts, workforce issues such as nursing shortages and difficulties in recruiting pediatricians due to economic factors. He highlights Children's Hospital Colorado's efforts to reduce reliance on contract nurses by increasing pay and benefits for staff nurses. Harrington also shares his excitement about the hospital's quality and safety initiatives like "Target Zero," growth strategies focusing on regional and national programs, and improvements in patient access through price transparency and online scheduling. He emphasizes the evolving role of the CFO as a strategic partner with a deep understanding of operations and revenue cycle optimization.
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