Key Findings from Chartis Study on Rural Hospitals

1. 50% of America’s rural hospitals are operating in the red.
2. 55% of independent rural hospitals are operating in the red, while 42% of system affiliated rural hospitals are operating at a loss.
3. Medicare Advantage now accounts for 35% of all Medicare-eligible patients in rural communities. In 7 states, penetration exceeds 50%.
4. A record 28 rural communities lost access to inpatient care last year as a result of rural hospital closures or conversion to a model excluding inpatient care.
5. 418 rural hospitals are ‘vulnerable to closure.’
6. 267 rural hospitals, nearly 25% of America’s rural OB units, dropped OB services between 2011 and 2021.
7. 382 rural hospitals stopped providing chemotherapy services between 2014 and 2022.

Source: Business Wire: Chartis Study Reveals America’s Rural Hospitals Fall Deeper into the Red as ‘Care Deserts’ Grow Bigger, February 13, 2024
Source URL: https://www.businesswire.com/news/home/20240213330899/en/Cha...

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