This week's 5 must-reads for hospital CFOs

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Here are five articles published on Becker's Hospital Review this past week that offer interesting insight on proposed Medicare drug payment models, revenue cycle management investments and the challenges hospital CFOs face.

1. CMS proposes new Medicare drug payment models: 8 things to know
CMS said it would test new models to improve how Medicare Part B pays for prescription drugs in order to encourage physicians to select the most effective treatments for patients and to slow Medicare spending.

2. HHS hits goal of shifting 30% of Medicare payments to alternative models
HHS reached its goal of tying 30 percent of Medicare payments to quality nearly 10 months ahead of schedule.

3. Louisiana hospital gives up charitable status to avoid tax penalties
Winnsboro, La.-based Franklin Medical Center's board of commissioners agreed to terminate the hospital's 501(c)(3) charitable status.

4. Should struggling hospitals put off the RCM investment?
Without the ability to work with multi-provider bundles, shared savings or other complex payment models, hospitals with dated RCM systems are at a significant disadvantage.

5. Getting comfortable being uncomfortable: Q&A with UAB Hospital CFO Mary Beth Briscoe
Mary Beth Briscoe understands the challenges hospital and health system CFOs face today, including the changing reimbursement and regulatory landscape.

More articles on healthcare finance:

Mayo operating income dips 36.9% as expenses rise
California hospital to close after restructuring plan fails

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