With many rural hospitals struggling to keep their doors open, a new report suggests that providers in precarious positions should consider finding a larger partner. The Coalition to Strengthen America’s Healthcare commissioned the analysis, conducted by Dobson | DaVanzo, a healthcare consulting firm. Rural hospitals have long faced financial challenges, with many seeing modest volumes and operating margins even during the best of times. But the report suggests that mergers and acquisitions by larger partners can give some rural hospitals a better shot at long-term viability. In looking at 110 rural hospitals that closed between 2011 and 2021, more than half (55%) were standalone facilities that weren’t part of a larger system.
Read the full article: For Rural Hospitals, Mergers May Be Key to Survival, Study Finds //
Source: https://www.chiefhealthcareexecutive.com/view/for-rural-hospitals-mergers-may-be-key-to-survival-study-finds