Rural Hospitals Losing Money, Slashing Services, Mulling Future
Roughly half of rural hospitals lost money last year, according to a new report. Those struggles, moreover, are not a one-time thing: more than 40 percent were in the same position a year ago and more such hospitals are expected to be in this position a year from now. The problem is worse, moreover, for hospitals in states that did not take advantage of the Affordable Care Act option of expanding their Medicaid programs. In response to these challenges, some rural hospitals are discontinuing services like obstetrics – a serious challenge for hospitals located in isolated communities; exploring Medicare’s new [...]