Inside the Report
Dive into THMA’s 2025 Finance and Budgeting Survey, capturing how CFOs and VPFs are navigating today’s economic and policy volatility. This report spans health system financial outlooks, revenue expectations, spending priorities, and strategies for managing uncertainty. Use it to align your messaging with what’s top of mind for health system finance leaders.
Key Takeaways
Budgets tighten despite economic optimism: Most finance leaders expect only a mild recession or slow to moderate growth in the economy. Yet nearly half report under 150 days cash on hand and 43% anticipate shrinking operating budgets—leaving less flexibility for discretionary spend.
Investments to concentrate on AI and long-term staff: Limited funds are tilting toward AI and permanent staff, while cuts will target temporary labor and corporate overhead. Spending priorities are narrow, and inform where industry partners can align.
Cost containment dominates financial strategy: Over 90% of leaders cite cost containment and 88% highlight revenue cycle improvement as top responses to economic headwinds, deprioritizing longer-term plays like revenue diversification in favor of near-term impact.