5 Steps for Harnessing Philanthropic Dollars to Promote Financial Stability

Share on twitter
Share on facebook
Share on linkedin

The dynamic nature of U.S. healthcare markets, policies, and players has fundamentally shifted the role of the hospital CFO from financial guru to master prognosticator.

To help hospital CFOs leverage diverse funding streams to bolster hospital infrastructure and promote financial stability, Hanover Research Grants Consultants outlined five key strategies:

  1. Identify and prioritize funding needs;
  2. Evaluate program “fit” for fundraising, grant seeking, or internal investment;
  3. Encourage data sharing and communications across divisions;
  4. Integrate strategic planning for fundraising, grant seeking, and hospital investments; and
  5. Promote ongoing collaboration to recalibrate plans and shift resources.

Learn how fundraising coordination can reinforce a hospital bottom line by reading the full article, published on Becker’s Hospital CFO, here.

CFO

Become a client

Access the best custom research to help hit your organization’s goals. Request your custom consult below and a member of our team will be in touch.

Have questions? Please visit our contact page.

Let us come to you!

Receive industry insights directly in your inbox

Our newsletters are packed with helpful tips, industry guides, best practices, case studies, and more. Enter your email address below to opt in: