Becker's Healthcare August 22, 2024
Rural and community hospitals and smaller health systems are struggling to push their operating margins back into the black, with many continuing to seek strategic partners or acquisitions to ensure access to care. Academic health systems are stepping up.
Financial pressures have forced many community hospitals to shut down departments, lay off employees or close services, which forces patients to travel further distances to regional centers — often academic centers — which have become overcrowded. Many of these hospitals also also need to undergo infrastructure improvements and digital transformation, both of which are expensive.
In addition to maintaining access to care in local communities, acquiring community hospitals offers various other benefits to academic health systems, including:
- Reducing the...
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