Start your week off right by taking a look at some of Becker's Hospital Review's top stories from last week.
1. IRS revokes hospital's tax-exempt status for failure to comply with ACA rule
The Internal Revenue Service has revoked the tax-exempt status of an unnamed nonprofit hospital for failure conduct a community health needs assessment, adopt an implementation strategy and make it widely available to the public.
2. The 215 hospitals with 5 stars for patient experience
CMS updated patient satisfaction survey data on its Hospital Compare website July 25, calculating new HCAHPS summary star ratings for 3,504 hospitals.
3. Former director of finance charged with embezzling $1.5M from UNC hospital
The former director of finance for UNC Regional Physicians was charged Tuesday with embezzling more than $1.5 million while she worked at High Point (N.C.) Regional Health, part of Chapel Hill, N.C.-based UNC Health Care.
4. CMS will cancel major bundled payment initiatives
CMS has proposed canceling the cardiac and expanded joint replacement bundled payment models.
5. 10 keys for grooming new leaders in your organization
In order to ensure a smooth transition when an organization's leaders retire, it is important to identify and groom potential new leaders, according to Forbes.
6. Trump officially ends advisory councils after CEOs disband, quit groups
President Donald Trump tweeted Wednesday he will officially dissolve two councils of top executive advisors, one for manufacturing and another for strategy and policy, Politico reported.
7. Northwell CEO Michael Dowling: What I'd like to see when Congress resumes the healthcare debate
The ACA has been one of the most hotly debated legislative issues in the history of this country. For seven years, Republican lawmakers have been calling for a repeal of the ACA, and after months of congressional drama, it appears their efforts have stalled for the time being. This is not a loss or a win for either political party, but instead a moment for careful reflection.