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Title: 646 Hospitals At Risk Of Closure, Ranked By State
Source: [None]
URL Source: https://www.zerohedge.com/markets/6 ... tals-risk-closure-ranked-state
Published: May 23, 2023
Author: Tyler Durden
Post Date: 2023-05-23 00:59:29 by Horse
Keywords: None
Views: 55

By Laura Dyrda of Becker Hospital Review

There are 646 rural hospitals at risk of closure due to financial issues, comprising around 30 percent of all rural hospitals in the U.S., according to the Center for Healthcare Quality & Payment Reform.

The hospitals face losses on patient services as health plans aren't paying enough to cover the cost of care delivery. The losses will likely increase as inflation and workforce shortages persist, according to the report, which was released in April. While rural hospitals are receiving some support through grants, local tax revenues or other profits, they still have low financial reserves and remain at risk.

More than half the states in the U.S. report 25 percent or more of their rural hospitals are at risk of closure, and more than 200 hospitals nationwide are at immediate risk of closing.

Here are the number and percentage of rural hospitals at risk of closing by state from the analysis:

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