Post
Hospital bankruptcies soar, with 20 since 2016
Healthcare Dive
The report adds to the general picture of shaky financial ground many hospitals are operating on, particularly in rural areas. According to a recent U.S. Government Accountability Office report, 64 rural hospitals closed between 2013 and 2017, due to declining volumes and reimbursement cuts. Since 2010, 89 rural hospitals have closed and 673 additional hospitals are operating at a loss and at risk of closing.