Financial Distress and Closures of Rural Hospitals

Date: Thursday, September 21, 2017
Duration: approximately 60 minutes

Since 2005, 122 rural hospitals have closed - 80 since 2010. George Pink, PhD, and Mark Holmes, PhD, both of the North Carolina Rural Health Research and Policy Analysis Center presented updated and new data about closed rural hospitals and their post-closure disposition. A model predicting financial distress and closure in rural hospitals was also described. Characteristics of hospitals at high risk of financial distress were identified and trends in risk of financial distress among rural hospitals analyzed.