This week's 5 must-reads for hospital CFOs

Here are five articles recently published by Becker's Hospital Review that offer insight on the Comprehensive Care for Joint Replacement model, healthcare spending growth and more.

1. CMS releases preliminary CJR program results: 7 things to know
CMS recently released preliminary results for the Comprehensive Care for Joint Replacement program, which show hospitals earned $37.6 million in reconciliation payments for the program's initial performance year.

2. CMS' proposal to cancel bundled payment models draws support from AHA
The American Hospital Association generally supports CMS' proposal to cancel or scale back major bundled payment initiatives, AHA Executive Vice President Tom Nickels wrote in a letter submitted to CMS.

3. Healthcare spending growth drops below 4% for first time since 2014
For the first time since quarter one of 2014, healthcare spending growth fell below 4 percent in the second quarter of 2017, according to an analysis out of the Altarum Institute.

4. Care New England to close hospital after sale to Prime Healthcare collapses
Providence, R.I.-based Care New England plans to close Memorial Hospital in Pawtucket, R.I., after a deal fell through to sell the hospital to Prime Healthcare Foundation, the Ontario, Calif.-based nonprofit arm of Prime Healthcare Services.

5. Where to invest $10k right now? Chinese hospitals, says one fund manager
Chinese hospitals and healthcare companies represent a great investment opportunity, as their profitability is likely to improve due to several factors, including inevitable consolidation and healthcare reform, said Sarah Ketterer, CEO and fund manager at Causeway Capital Management, in a recent Bloomberg article.

More articles on healthcare finance:

Dignity Health's operating loss widens to $66.8M with loss of state provider-fee revenue
Proposed changes to CJR model will cost Medicare $90M over next 3 years
4 healthcare CFOs in the headlines

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