5 most-read finance stories of the week

Health system financial results and the Internal Revenue Service releasing new rules for tax-exempt hospitals captured the attention of Becker’s Hospital Review finance readers this week.

Advertisement

 The following were among the most-viewed finance stories on BeckersHospitalReview.com:

 1. OSU Wexner asks hundreds of vendors to discount prices by 20%
The Ohio State University Wexner Medical Center is looking to cut $40 million from its annual cost of supplies and services by asking hundreds of its largest vendors to give a 20 percent discount.

2. Baptist Memorial Health Care posts $299.7M operating loss
Memphis, Tenn.-based Baptist Memorial Health Care reported an operating loss of $299.7 million for the 12-month period ended Sept. 30, compared to the $70.9 million operating loss the system posted for last year.

3. IRS releases new rules for tax-exempt hospitals’ collection practices
The Internal Revenue Service released new regulations for charitable hospitals to stop harsh collection practices and make financial assistance policies more transparent to patients.

4. Why are hospitals being penalized for reducing readmissions?
The Hospital Readmissions Reduction Program is designed to provide incentives for hospitals to reduce the number of unnecessary hospital readmissions. However, hospitals that reduce both readmissions and discharges are being penalized under the program.

5.  Hospital CFOs’ top concerns for 2015
This story shares the top concerns on hospital and health system CFOs’ radars for 2015.

More articles on healthcare finance:

87% of HealthCare.gov enrollees seeking financial assistance
Beaumont Health to refinance $408.8M in revenue bonds
UMass Memorial Health Care posts $53.8M operating surplus

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.