10 most-read healthcare finance stories in October

CMS releasing the final rule for the Medicare Access and CHIP Reauthorization Act and for-profit hospital operators' financial results for the third quarter captured the attention of Becker's Hospital Review finance readers in October.

The following are the 10 most popular finance stories from Becker's in the past month.

1. CMS releases MACRA final rule: 10 things to know
After a listening tour and nearly 4,000 public comments, CMS released the final rule for the Medicare Access and CHIP Reauthorization Act, a landmark payment system for Medicare physician fees that replaces the sustainable growth rate formula.

2. California hospital owner files for bankruptcy
West Contra Costa Healthcare District, which owns shuttered Doctors Medical Center in San Pablo, Calif., filed for Chapter 9 bankruptcy protection Oct. 20.

3. HCA profit rises 38% in Q3
Nashville, Tenn.-based HCA Holdings raised its 2016 financial guidance after recording a 38 percent spike in profits in the third quarter.

4. 25 things to know about healthcare costs
From ACA mandates to baby boomers rapidly switching to Medicare, there are a number of factors influencing healthcare costs in the U.S.

5. MIPS breakdown: 6 must-know parts of the MACRA final rule
The Medicare Access and CHIP Reauthorization Act final rule is here. As industry experts dig into the 2,400-page document, a few details are emerging that will be critical for providers who plan to practice fee-for-service medicine in 2017.

6. LifePoint gets revenue boost from acquisitions
Brentwood, Tenn.-based LifePoint Health reported revenues of $1.6 billion in the third quarter of 2016, up 21.1 percent from revenues of $1.3 billion in the same period of 2015.

7. CMS to resume Medicare appeals settlements
CMS announced it will again allow eligible hospitals to settle inpatient status claims currently under appeal.

8. Indiana's only osteopathic hospital to shutter by 2017
After operating in limited capacity for roughly one year, Community Westview Hospital in Indianapolis will fully close by year's end.

9. Chinese billionaire again ups stake in CHS — this time for $9.55M
Chinese billionaire Tianqiao Chen has a nearly 13.8 percent stake in Community Health Systems after buying 929,813 more shares of the Franklin, Tenn.-based for-profit hospital operator.

10. Trinity Health revenue increases, but operating margin shrinks
Trinity Health saw revenue increase in fiscal year 2016, but higher expenses caused the Livonia, Mich.-based system's operating margin to decline.

More articles on healthcare finance:

CHS expects $83M operating loss in Q3: 5 things to know
UHS profit increases as patient volume grows: 5 things to know
5 hospital CFOs in the headlines

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