Fierce Healthcare February 14, 2024
As more and more rural hospitals find their operations dropping into the red, the rising enrollment of rural residents in Medicare Advantage plans could pull these providers under, healthcare advisory services firm Chartis warned in a new report.
What’s more, this trend could erode the rural health safety net if policymakers don’t take action, according to Chartis’ analysis.
The group’s analysis found that half of the nation’s rural hospitals are losing money from their operations, up from 43% last year. The 50% total is the highest percentage of the past decade as well as the largest single-year jump, Chartis claims.
Rural hospitals in 19 states had a median operating margin in the red, with Kansas (89% of rural hospitals losing...
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