Becker's Healthcare November 29, 2022
Since 2005, 183 rural hospitals across 36 states have closed, leaving many people in those communities without timely access to essential medical services and often leading to a decline in the number of healthcare providers in those counties.
This year alone, 19 hospitals have closed or filed for bankruptcy due to the increasing financial issues they continue to battle, including declining inpatient volumes, decreasing reimbursements and the continued effects of the pandemic.
As a result, many hospitals vulnerable to closure or bankruptcy are looking to survive by joining larger health systems, which are also viewing potential acquisitions with more skepticism, according to Vox.
Despite the current financial climate in healthcare and a projected recession next year, many health systems are...
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