Becker's Healthcare March 28, 2024
Many in the healthcare industry assume rural hospitals are inherently worse off financially than urban hospitals. It’s easy to see why.
Rural hospitals often serve a sprawling and unique patient population. Some rural communities are seeing population declines, and patient volume drops along with it. Other areas, especially among farming communities, have largely uninsured or underinsured populations, and hospitals may struggle to collect for services rendered. Rural areas also tend to have a reputation of struggling economically compared to urban areas where higher income individuals traditionally have decided to live and work.
But a February Kaufman Hall report refutes the financial divide between rural and urban hospitals.
When comparing rural and urban hospitals as a collective, the firm found no...