US health care CFO's resuscitation on Obama's Healthcare Reform

Urgent meetings are being held by the financial leaders of American Healthcare companies in the wake of US President Barack Obama's Healthcare Reform being passed 219 '-212 in the House of Representatives (The Pharma Letters passim). The introduction of this policy heralds a transformation in the fabric of American society, and the way U.S citizens receive medical care has suddenly been revolutionized in a direction which health care chief financial officers (CFOs) cannot afford to ignore.

President Obama himself states: '[It] answers the prayers of every American who has hoped deeply for something to be done about a health care system that works for insurance companies, but not for ordinary people.'

As miraculous as this sounds, the campaigns against the bill have been vehement, and during these unstable economic times not everyone is content with Obama's changes. CFOs need to strategize together to implement a plan that ensures the successful revenue cycle of their organizations. Industry leaders such as Vince Schmidt SVP and CFO of Multicare Health System, Mark Spafford CFO and VP of Health Management Associates, Robert Booth CFO of Summit Medical Group and Larry Dupper CFO of Valley View Hospital are attending a series of closed door meetings at the 'CFO Healthcare Summit US 2010' (Ran by GDS International) in Arizona to discuss at this illustrious occurrence what action needs to be taken, and how.