5 must-reads for hospital CFOs this week

Here are five articles published on Becker's Hospital Review this past week that offer insight on healthcare price variation, the CFO role and nonprofit healthcare profitability margins.

1. These 10 hospitals have the biggest surpluses — and they're mostly nonprofit
A small percentage of U.S. hospitals earned large profits from patient care services in 2013, and seven of the 10 most profitable were nonprofit hospitals, according to research from the Johns Hopkins Bloomberg School of Public Health and Washington and Lee University.

2. No 2 prices the same: 13 findings on healthcare price variation across the U.S.
Commercially insured Americans in some states pay more than twice what their counterparts in other states pay for healthcare, according to a study from the Health Care Cost Institute.

3. The most important thing a hospital CFO does
Healthcare CFOs have incredibly demanding roles, with responsibility for complex organizations with tight margins in a strict regulatory environment. As hospital and health system CFOs transition into more strategic roles, what is the most important aspect of their jobs? That is, what is the most important thing a CFO does?

4. Moody's preliminary numbers show nonprofit healthcare profitability margins at multi-year high
The nonprofit hospital annual median revenue growth rate increased to 7.4 percent in fiscal year 2015, surpassing the median expense growth rate for the second consecutive year, according to preliminary FY 2015 nonprofit and public hospital medians from Moody's Investors Service.

5. 5 initial reactions to the proposed MACRA rule
CMS recently released a 962-page proposed rule for the Medicare Access and CHIP Reauthorization Act to reform physician Medicare payments in the wake of the repeal of the sustainable growth rate formula. The proposed rule was met with mixed reactions in the healthcare industry.

More articles on healthcare finance:

Weak flu season, lawsuits take toll on LifePoint's bottom line
2 South Dakota hospitals ink agreement with CMS to keep Medicare status
Partners HealthCare's math errors could cause 2,000 hospital layoffs statewide

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