293 Hospitals at Immediate Risk of Closure
There are 293 rural hospitals at immediate risk of closure due to inflation, staffing shortages and other financial stress, according to the Center for Healthcare Quality & Payment Reform.
Hospitals at immediate risk of closure have lost money on patient services for multiple years, excluding 2020 during the pandemic, and aren’t likely to receive sufficient funds to cover the losses with public assistance ending, according to the report. These hospitals also have low reserves and more debt than assets.
Click here to see the state-by-state list.
The post 293 Hospitals at Immediate Risk of Closure appeared first on Pennsylvania Office of Rural Health.
Recommend0 recommendationsPublished in My Healthy Pennsylvania, Rural Health PA