Rural Hospitals Risk Closure Due to COVID-19-Related Drop in Revenue in 2021
The Daily Yonder
Mar 1, 2021
Summarizes a report by the American Hospital Association that found hospitals and healthcare systems will lose between $53 and $122 billion in revenue in 2021, mainly due to COVID-19 and reduced patient volumes. Describes how financial challenges for rural hospitals are worse and discusses the need for additional federal assistance to support these health systems.
Closures of healthcare facilities and services · Healthcare business and finance · Hospitals · Infectious diseases · Rural-urban differences