title: Managing your margin after reform: the strategic margin plan.
abstract: CFOs should develop a strategic margin plan to maintain their margins and bond ratings post-reform, following four key steps: Project the expected revenue gap due to payment reform and competition. Benchmark "Level 1, 2, and 3" unit cost and utilization savings opportunities. Implement short- and long-term operational and financial management tactics to close the margin gap. Integrate margin management tactics with clinical delivery improvement plans to ensure that patients benefit.
authors.affiliation: Navigant Consulting, Inc., Chicago, USA. mnugent@navigantconsulting.com
authors.forename: Michael E
authors.initials: ME
authors.lastname: Nugent
mesh_terms: D005377:Financial Management, Hospital / Q000458:organization & administration*; D018166:Health Care Reform / Q000331:legislation & jurisprudence*; D014481:United States