As COVID-19 pandemic relief dollars erode, a new report is predicting a trend of rural hospital closures is expected to ramp up again in 2023. The nonprofit Chartis Group released a study Tuesday that found nearly 51% of rural hospitals have a negative operating margin, and the number of facilities eliminating services like obstetrics increased in 2022. Experts say a new rural hospital designation could offer a key lifeline to facilities, especially as pandemic relief dollars are tapped out.
Read the full article: Chartis Group: Rural Hospital Closures Expected to Pick Up as Relief Dollars Go Away
Source: https://www.fiercehealthcare.com/providers/chartis-group-rural-hospital-closures-expected-pick-relief-dollars-go-away