3 Reasons Why Rural Hospitals are Closing

By Grant Nordby: For More Info, Go Here…

Rural hospitals are in dire financial distress, and many have been forced to shut their doors.

According to a 2018 GAO report, 64 rural hospitals closed between 2013 and 2017, which is more than twice the number of closures in the preceding five-year period. In Tennessee alone, 10 hospitals have closed since 2012, creating “healthcare deserts” across rural areas.

There are many factors that can play into a hospital closing; however, in rural areas it often comes down to three factors: Revenue pressure, A complex patient population, and the cost of attracting and retaining providers.

1. Revenue pressures

2. A complex patient population

3. Attracting and Retaining Providers

Leave a Reply