This OPEN MINDS Executive Roundtable was delivered on July 25, 2024 by OPEN MINDS Senior Associates Dee DeWitt and Ray Wolfe, J.D. They discussed current best practices in RCM, including embracing consumer-centric operations, managing labor shortages, and overcoming reduced cash collections. Managing these challenges will require effective partnerships, creativity, and forward-thinking on the part of chief financial officers (CFO) and organizational leadership.

Executive attendees of this session learned about:

• Best practice revenue cycle management.
• Trends impacting revenue cycle management and financial sustainability.
• Actions CFOs can take to mitigate RCM threats to financial sustainability.

This roundtable is part of the OPEN MINDS CFO Consortium, developed to provide executives with the tools and abilities to strategically assess and position their organizations for long-term sustainability and growth. The consortium is open to all Elite members; to learn more and sign up, visit https://openminds.com/store/cfo-consortium/.