The analysis — which examined the financial viability (operating margin, days cash on hand and debt-to-capitalization ratio) and community essentiality of more than 2,000 of the nation’s rural hospitals — suggests 21 percent or 430 rural hospitals in 43 states are at high risk of closing.
Here are the 10 states with the most rural hospitals at high financial risk, based on the analysis:
1. Mississippi — 31
2. Kansas — 29
3. Georgia — 26
4. Alabama — 21
5. Minnesota — 19
6. Michigan — 18
7. Arkansas — 18
8. Iowa — 17
9. Oklahoma — 17
10. Kentucky — 16
Read more about the analysis here.
More articles on healthcare finance:
1 in 5 rural hospitals at high risk of closing, analysis finds
National healthcare groups urge Congress to delay Medicaid disproportionate share hospital cuts
3 hospital revenue cycle leaders predict how price transparency will affect healthcare
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
