Why more than 30% of rural hospitals are at risk of closure
Why more than 30% of rural hospitals are at risk of closure
MedCityNews; by Katie Adams; 8/8/24
More than 700 hospitals across the rural U.S. are at risk of closing due to their financial woes — and for more than half of these hospitals, the risk of closure is immediate, according to a new report. The report argued this is due largely to inadequate reimbursement from health plans. More than 700 hospitals across the rural U.S. are at risk of closing due to their financial instability — that’s over 30% of the country’s rural hospitals. And for more than half of these 700 hospitals, the risk of closure is immediate, according to a new report from the Center for Healthcare Quality and Payment Reform (CHQPR).
Publisher's note: The CHQPR report linked above is very interesting, including a table listing states with the most hospitals at immediate risk of closing - the top 5 states are Kansas, Texas, Oklahoma, Mississippi, and Alabama.