HealthLeaders Media April 8, 2020
More than 350 rural hospitals, accounting for $8.3 billion in total patient revenue, are at risk, according to a new analysis.
One quarter of rural hospitals are at high risk of closing due to financial challenges, according to a Guidehouse analysis released Wednesday morning.
A major factor hampering the financial situation for rural providers is the migration of patients to care options outside of the community, with over 75% of patients bypassing local hospitals to receive care elsewhere. These levels are much higher compared to the outmigration patterns of suburban and urban patients.
More than 350 rural hospitals, accounting for $8.3 billion in total patient revenue, are at the greatest financial risk of closure, according to Guidehouse. The five...
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