Chief Healthcare Executive April 8, 2024
Federal support helped avert disaster for some rural hospitals, but many face a difficult road in the absence of that additional support, a new study finds.
Even larger hospitals struggled financially during the COVID-19 pandemic, so it’s logical that rural hospitals would have faced steep challenges.
When the COVID-19 pandemic hit, the federal government offered billions of dollars to hospitals to stay afloat, and those funds were especially critical to rural hospitals.
About half of the nation’s rural hospitals had negative margins during the COVID-19 pandemic, even with the infusion of federal aid, according to a new analysis released by the American Hospital Association. The Virginia Commonwealth University College of Health Professions produced the study.
With the additional federal assistance,...