Assessing the Impact of COVID-19 on Rural Hospitals
- acichc
- Apr 11, 2024
- 1 min read
From the AHA:
KEY FINDINGS
Approximately half (48%) of rural hospitals consistently experienced negative operating margins from patient services prior to and during the COVID-19 pandemic.
A small minority (12%) of rural hospitals consistently experienced positive operating margins prior to and during the COVID-19 pandemic.
The COVID-19 provider relief funds benefited all rural hospitals, however rural hospitals with negative total margins had the greatest benefit, with overall increases to profitability.
In 2021, COVID-19 provider relief funds masked long-standing financial challenges experienced by many rural hospitals.
System membership may provide benefits to rural hospitals in terms of supporting operations and navigating regulatory and financial challenges during the COVID-19 pandemic.
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