lutz logo
lutz logo
  • Services
  • News & Insights
  • About
  • Client Portal
Search
  • Services
  • Accounting
  • Advisory
  • Financial
  • M&A
  • Talent
  • Tech
  • Accounting Services
Services
  • Audit & Assurance
  • Client Advisory Services
  • Outsourced Accounting
  • Tax
  • Business Valuation
  • Litigation Support & Forensic
View All
Industries
  • Agribusiness
  • Construction
  • Family Office
  • Healthcare
  • Manufacturing & Distribution
  • Nonprofit
View All
News & Insights
Financial Access Checklist
Guide
Financial Access Checklist

Share this information with your spouse to assure you each have access to manage important financial tasks independently.

Read More
  • Advisory Services
Services
  • Accounting
  • Financial
  • M&A
  • Talent
  • Tech
View All
Resources
The Art of Budgeting
Recording
The Art of Budgeting + Smart Saving Strategies
Learn how to get your finances under control and increase your savings! Hear real-life examples and best practices to secure a successful future.
Watch Now
Business Insights
Comparing Business Valuation Methods
Blog
Comparing Business Valuation Methods: Which is Right for You?
Valuation experts rely on three primary approaches to determine the value of a business: income approach, asset approach, and market approach.
Read More
  • Financial Services
Services
  • Financial Planning
  • Investment Advisory
  • Retirement Plan Services
  • Pooled Employer 401(k) Plan
View All
Resources
  • Lutz Financial Blog
  • Our Team
  • Client Portal
  • Charles Schwab Login
  • Send Files Securely
Contact Us
NEWS & INSIGHTS
Website Featured Content Images
Market Commentary
Financial Market Updates

Want to receive financial market updates straight to your inbox? Sign up below!

Subscribe
  • M&A Services
Services
  • Sell-Side Representation
  • Transaction Advisory
  • Exit Planning
  • Business Valuation
View All
Resources
Selling a C Corporation
Blog
Factors to Consider When Selling a C Corporation

Understand the tax issues affecting both buyers and sellers involved in C corporation merger and acquisition transactions

Read More
Business Insights
Post-Acquisition Checklist
Guide
Post-Acquisition Checklist for a Seamless Transition
To help you navigate this critical period, we've compiled a comprehensive checklist covering key areas that demand attention after the deal closes. 
Read More
  • Talent Services
Services
  • Search & Staffing
  • Outsourced HR
  • HR Consulting
View All
Candidate Resources
  • Job Seeker Process
  • Current Opportunities
  • Lutz Internships
Contact Us
News & Insights
Overcoming Bias in Recruitment
Blog
Unconscious Bias in Recruitment: How to Overcome It
Learn how to take the bias out of recruitment and build a diverse, talented workforce with these tips.
Read More
  • Tech Services
Services
  • Outsourced IT
  • Data Analytics
  • Technology Strategy
  • Software Consulting
View All
Resources
When to outsource your IT
Blog
How to Know When It's Time to Partner with an IT Pro

One day your technology seems manageable, and the next you're wondering if you need more support. Here are the clear signs it's time to outsource your IT.

Read More
Business Insights
Untitled design (1)-Mar-08-2024-08-50-35-9527-PM
Video
Pella Client Testimonial
"I've used them for valuation work, stock transfers, hosting all of my technology, and now data analytics. I'd say they lead the pack in terms of anticipating what I'm going to need before I even know I need it."
View Now
Business Insights
BLOG
Explore Topics

Get the latest news and insights on relevant topics that matter most to you.

View All
Webinars & Events
Events
Register Today

Register for an upcoming event or access our library of on-demand recordings.

View All
Financial Market
COMMENTARY
Stay Informed

Catch up on market moves with our weekly update, featuring in-depth insights and analysis.

View All
Resources
EBOOKS & GUIDES
Download Now

Take a deep dive into challenging business topics with these free educational resources. 

View All
  • News & Insights
  • Business Insights
  • Webinars & Events
  • Financial Market
  • Resources
Business Insights
BLOG
Explore Topics

Get the latest news and insights on relevant topics that matter most to you.

View All
  • About
About

Lutz is a business solutions firm for people seeking a partner to help energize and heighten economic and organizational success.

Our Company
Our Team
Offices
Careers
Internships
Contact Us
  • Contact
Client Portal

Log in to your relevant client portal to access your account, upload documents, or make a payment.

Make a Payment
Accounting Client Portal
Financial Client Portal
Charles Schwab Login
Send Files Securely
Contact Us
  • Rural Hospital

The CFO Outsourcing Option for Hospitals + Why it May Make Sense for You

Kirk Delperdang, Healthcare Director
March 13, 2025
The CFO Outsourcing Option for Hospitals + Why it May Make Sense for You

Is your hospital struggling with financial leadership challenges? You're not alone. As the healthcare industry becomes increasingly complex, many organizations are discovering a powerful alternative to the traditional in-house CFO model. Outsourced CFO services offer specialized expertise, flexibility, and often significant cost savings—without sacrificing financial leadership quality.

 

The Modern Healthcare CFO 

Healthcare looks dramatically different than it did 15 years ago, and it's going to keep changing. The pace of transformation shows no signs of slowing, requiring financial leadership that can adapt quickly. Today's healthcare CFO isn't just balancing books—they're strategic partners helping navigate an increasingly complex and evolving landscape. An outsourced CFO brings specialized expertise to challenges that in-house teams might struggle with, including: 

  • Managing physician employment arrangements and compensation 
  • Structuring effective physician employment arrangements and compensation models 
  • Implementing effective care coordination strategies that improve both care quality and financial performance 
  • Making sense of complex performance metrics and translating them into actionable insights 
  • Adapting service offerings to meet changing community demographic needs 
  • Optimizing revenue cycle management to prevent leakage and improve cash flow 
  • Ensuring compliance with changing regulatory requirements without unnecessary administrative burden 

This expanded scope requires a level of expertise and continuous learning that can strain internal resources. Many organizations find that outsourcing provides access to broader expertise and specialized knowledge that would be difficult to maintain in-house. 

 

Strategic Benefits of Outsourcing 

Healthcare leaders recognize that outsourced CFO services deliver strategic advantages that go well beyond simple cost savings. When you partner with experienced healthcare financial experts, you gain: 

  • Access to specialized healthcare financial expertise that would be prohibitively expensive to maintain internally
  • Scalable services that can expand or contract based on your organizational needs and project demands
  • Implementation of industry best practices drawn from experience with multiple healthcare organizations
  • Truly objective analysis and recommendations from professionals without internal political considerations
  • Continuous access to updated regulatory knowledge without investing in constant staff retraining
  • Strategic planning support informed by a broad industry perspective 

This comprehensive approach ensures your organization can confidently navigate complex financial challenges while maintaining focus on your core mission: providing exceptional patient care. 

 

Continuity and Stability 

Leadership transitions create vulnerability, particularly in financial management. The average CFO tenure continues to shorten, creating potential disruption. Outsourced CFO services provide stability during these critical periods by offering: 

  • Uninterrupted financial operations during leadership transitions
  • Reduced pressure to rush recruitment decisions when vacancies occur
  • Access to consistent strategic guidance regardless of personnel changes
  • Protection against institutional knowledge loss during turnover
  • Support for internal team development and mentoring 

Your organization gains peace of mind knowing financial management remains stable regardless of personnel changes, allowing you to make thoughtful, strategic decisions about long-term leadership needs. 

 

Interim CFO Services 

If you believe an internal CFO ultimately makes sense for your organization, but aren't ready to commit, there's another option worth considering. Interim CFO services offer a strategic short-term solution that bridges the gap while you determine your long-term leadership approach. 

This specialized service: 

  • Provides immediate financial leadership during critical transitions
  • Mitigates operational and compliance risks that might otherwise emerge during vacancies
  • Maintains momentum on important financial initiatives and strategic projects
  • Offers objective assessment of financial operations and team capabilities
  • Creates breathing room for thorough permanent CFO recruitment
  • Facilitates comprehensive knowledge transfer to your permanent CFO when hired 

Interim CFO arrangements can be particularly valuable when your organization needs to make significant financial changes. An experienced interim leader can implement difficult decisions without the political considerations that might constrain a permanent hire, setting your permanent CFO up for success. 

When structured properly, the transition from interim to permanent CFO becomes a strategic advantage rather than a vulnerability. The interim leader can document processes, highlight opportunities, and provide crucial historical context that might otherwise be lost during leadership changes. 

 

The Financial Advantage 

When comparing costs, outsourced CFO services provide compelling value, especially for Critical Access Hospitals (CAH) and rural facilities. Traditional CFO arrangements typically require substantial investment across multiple cost categories: 

  • Base salary for qualified healthcare financial leadership
  • Comprehensive benefits package (healthcare, retirement, etc.)
  • Recruitment and hiring costs
  • Continuing education and professional development
  • Potential severance costs during transitions 

By contrast, outsourced CFO services transform these fixed employment costs into scalable solutions tailored to your organization's specific needs and budget constraints. Many healthcare organizations discover that outsourced CFO services may cost as little as 30% of what they would spend on a full-time, in-house CFO when all expenses are considered. 

This arrangement not only offers significant cost savings but also provides greater flexibility without sacrificing expertise or leadership quality. The financial benefits become particularly advantageous for smaller facilities where budgets are tight but the need for sophisticated financial guidance remains critical. 

 

Lutz’s Outsourced CFO Services 

At Lutz, our healthcare team understands the unique challenges facing medical organizations. Whether you need comprehensive CFO services or strategic support, our experienced professionals can help you navigate today's complex healthcare environment with confidence. Contact us with any questions. 

  • Responsibility, Arranger, Includer, Harmony, Communication

Kirk Delperdang

Healthcare Director

Kirk Delperdang, Healthcare Director, began his career in 1993. With extensive experience in Medicare auditing and reimbursement management, he brings valuable regulatory insight to his role at Lutz.  

Specializing in Medicare services for healthcare facilities, Kirk provides comprehensive guidance on enrollment, cost reporting, reimbursement analyses, and compliance matters. He focuses on delivering expert solutions to help community hospitals navigate complex Medicare requirements. Kirk values the opportunity to support healthcare organizations with the specialized knowledge they need to succeed. 

 

At Lutz, Kirk's strong sense of responsibility and talent for arranging complex processes makes him an invaluable resource for clients. His methodical approach to Medicare compliance, combined with his clear communication style, helps facilities maintain proper enrollment while optimizing their reimbursement strategies. 

 

Kirk lives in Omaha, NE, with his wife, Leslie. Outside the office, he enjoys spending time outdoors and with family. 

402.496.8800

kdelperdang@lutz.us

Connect on LinkedIn

Recent News & Insights

Guide
Finding a Lifelong Career
You’ll spend over 90,000 hours of your life at work. That’s more time than you’ll spend with ...
Read More
Rural Hospital
CMS Announces New Method II Billing Edits for Critical Access Hospitals
Starting July 1, 2025, Critical Access Hospitals (CAHs) that bill under Method II will face a ...
Read More
Market Commentary
The Dollar and International Diversification + 4.30.25
With recent tariff and trade news, the tone and trading of the dollar has decidedly changed. ...
Read More
Recent News
Lutz Announces Ryan Cook as New Managing Shareholder
Lutz, a Nebraska-based business solutions firm, proudly announces Ryan Cook's appointment as ...
Read More
module-bg-desktop module-bg-mobile

Let’s get you where you want to go.

We work to simplify complexities, help make critical business decisions, and confidently focus on the things that are truly important to you. We embrace your business as our own to spark the right solutions and help you thrive.
Contact Us
Lutz-Logo-white
  • Services
    • Accounting
    • Consulting
    • Financial
    • M&A
    • Talent
    • Tech
  • About
    • Our Company
    • Our Team
    • Offices
    • Careers
    • Internships
    • Current Opportunities
  • Client Portal
    • Make a Payment
    • Accounting Client Portal
    • Financial Client Portal
    • Send Files Securely
    Submit RFP
TOLL-FREE: 866.577.0780 | © Lutz & company, PC 2025 | Privacy Policy
Follow us on Facebook Follow us on LinkedIn Twitter - X Logo Follow us on Instagram Follow us on Facebook