A new wage increase in California will have a large impact on organizations, and strategic planning will be key.
Brett Tande, CFO of California-based Scripps Health, recently spoke with HealthLeaders about his plans to strategize and budget for the new law that will gradually raise California healthcare workers' hourly minimum wage to $25.
In the video interview excerpt below, Tande discusses how this new bill with impact the payer/provider relationship and how Scripps plans to help “bend that cost curve a little bit more.”
Amanda Norris is the Director of Content for HealthLeaders.