The decrease in volume is attributable to patients traveling to other hospitals for care, Chillicothe Hospital interim CEO William Barnes told KFDX-TV.
“Very few admissions come here anymore. We have too much competition, two neighboring cities that patients can go to,” he said.
The critical access hospital, which opened in 1949, has also experienced decreasing reimbursements and scaled back services over the years, according to the report.
Chillicothe Hospital is one of several rural hospitals in Texas to close in recent years. Twenty rural hospitals in the state have shut down since 2010, according to research from the North Carolina Rural Health Research Program.
More articles on healthcare finance:
Medicare to save $650M under site-neutral pay proposal
Illinois hospital begins shutdown process
Partners HealthCare nearly doubles operating income in Q3
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
