This week’s 5 must-reads for hospital CFOs

Here are five articles published by Becker’s Hospital Review this week that offer insight on the Medicare Access and CHIP Reauthorization Act, the Recovery Audit Contractor program and more.

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1. How CHS, Tenet, UHS, LifePoint and HCA fared financially in 2016
Five major for-profit hospital operators produced mixed financial results through the first three quarters of 2016.

2. MACRA toolkit: 10 reads on the new Medicare payment model beginning in 2017
The first performance year for the Medicare Access and CHIP Reauthorization Act — the landmark bipartisan law that replaces the sustainable growth rate formula in determining physician payments under Medicare Part B — begins Jan. 1.

3. RAC improper payment recoveries plunge 91%
The Recovery Audit Contractor program, which has a mission to correct improper Medicare payments by identifying and collecting over- and underpayments, saw a substantial slump in recoveries in fiscal year 2015, according to a CMS report.

4. Fiscal penalties for low-performing hospitals linked to improved readmission rates
The financial penalties instituted by the ACA’s Hospital Readmissions Reduction Program were associated with a reduction in readmissions, an analysis published in the Annals of Internal Medicine found.

5. 20 health conditions people spent most on in 2013 — and what the bulk of their money went toward
Of 155 medical conditions, people personally spent $1.2 trillion on the top 20 alone in 2013, according to an analysis published in JAMA.

More articles on healthcare finance:

UMass Memorial points to Epic implementation for drop in operating income
Battle over hospital tax exemptions in Illinois continues
CHI records $217.8M operating loss: 5 things to know

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