To identify the 10 U.S. states most in need of financial help, analysts compared all 50 states using 18 metrics, including rainy day funds per capita, state and local debt per capita, state preparedness for severe recession and the share of the workforce in highly affected industries. More information about the methodology is available here.
The 10 states that need the most financial help, according to the analysis:
1. Louisiana
2. Kentucky
3. Florida
4. New Hampshire
5. New York
6. Illinois
7. New Jersey
8. Nevada
9. Michigan
10. South Carolina
More articles on rankings and ratings:
Update: 10 states with biggest, smallest growth in unemployment due to COVID-19
10 states with the best, worst health infrastructure during pandemic
20 largest healthcare companies in the world
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.