This week’s 5 must-reads for hospital CFOs

Here are five articles published by Becker’s Hospital Review this week that offer insight the Medicare Access and CHIP Reauthorization Act, bad debt and more.

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1. RAND study: MACRA could cause $250B drop in hospital Medicare revenue by 2030
Depending on the amount of risk physicians choose to take on under the Medicare Access and CHIP Reauthorization Act, hospitals’ Medicare revenue could drop $250 billion by 2030 or it could increase $32 billion, according to a study published in Health Affairs.

2. The $12M patient who drove insurance rates higher in Iowa
Iowa’s health insurance exchange faces a unique challenge — an individual who has $1 million per month in medical claims.

3. Hospitals increasingly employing pre-payment strategies to avoid bad debt
The increase in prevalence of high-deductible health plans under the ACA has led to more unpaid hospital bills among the insured population. To combat mounting bad debt, many hospitals have begun experimenting with pre-payment strategies, many of which require patient payment before scheduled care.

4. 3 thoughts on how to improve patient financial experience
With the rise of consumerism in healthcare, hospitals and health systems are seeking ways to improve patient financial experience.

5. Displaying Medicare fees in EHRs not associated with change in number of lab orders, study finds
When it comes to ordering inpatient lab tests, initiatives to introduce price transparency at the point of EHR entry may not change clinician behavior, according to a recent study published in JAMA.

More articles on healthcare finance:

Adeptus Health files for bankruptcy
Prime Healthcare wants to save Kansas hospital from closure
Georgia hospital to close after years of financial troubles

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