This week's 5 must-reads for hospital CFOs

Here are five articles recently published by Becker's Hospital Review that offer insight on a new accounting standard for hospital bad debt, for-profit hospital operators' financial performance and more.

1. Moody's maintains stable outlook on for-profit hospital sector
Moody's Investors Service maintained its stable outlook on the U.S. for-profit hospital sector, as it expects slightly higher patient volumes to help grow same-facility revenue over the next 12 to 18 months.

2. CHS' net loss narrows to $25M as company pursues $2B hospital divestiture plan
Franklin, Tenn.-based Community Health Systems, which operates 127 hospitals, saw its net loss shrink in the first quarter of 2018 as the company continues to refine its hospital portfolio.

3. New accounting standard for hospital bad debt a mixed bag, says Fitch
A new accounting standard for hospitals reporting bad debt will have both negative and positive effects, according to a report from Fitch Ratings.

4. HCA sees quarterly profit nearly double to $1.1B
Nashville, Tenn.-based HCA Healthcare, which operates 178 hospitals, saw revenues and net income rise year over year in the first quarter of 2018.

5. HHS asks Supreme Court to review Medicare payments ruling: 7 things to know
HHS is calling on the U.S. Supreme Court to review a District of Columbia appeals court ruling that Medicare was inappropriate when it altered its methods for calculating uncompensated care reimbursements six years ago.

More articles on healthcare finance:

Tenet posts surprise $99M profit after expanding cost-cutting plan
Creditors seek to force 2 Arizona hospitals into bankruptcy
10 hospitals seeking CFOs

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