Tidelands Health CFO offers insight into the future of health care finance
Tidelands Health executive Beth Ward recently participated in a discussion about the future of health care finance at a virtual symposium that drew hundreds of health care professionals from across the country.
“The Healthcare Revolution is Underway: Explore the Future.” was held Feb. 15 and presented by Crowe Horwath LLP, an international consulting, accounting and technology firm.
Ward, who serves as executive vice president and chief financial officer at Tidelands Health, participated in a panel discussion on “The Hospital CFO of 2020: Juggling New Responsibilities, Performance Analytics and Robots.”
Joining her on the three-member panel were Michael Allen, CFO of OSF HealthCare, which serves Illinois and part of Michigan, and Scott Hawig, CFO of Froedtert Health in Wisconsin.
The three panelists discussed how the functions of CFOs have changed, the role of data and analytics in health care finance and how automation may one day impact the field. They also offered thoughts on recent developments in health care, including the pending merger of Aetna and CVS, as well as the health-focused partnership of Amazon, JPMorgan Chase and Berkshire Hathaway.