Rural hospitals with asmaller footprint have less room to negotiate rates with managedcare companies and are often hobbled by more older and poorerpatients. (Photo: Shutterstock)
Industry M&A may be no savior as the paceof hospital closures, particularly in hard-to-reach rural areas, seems poised to accelerate.
Hospitals have been closing at a rate of about 30 a year,according to the American Hospital Association, and patients livingfar from major cities may be left with even fewer hospital choicesas insurers push them toward online providers like Teladoc Inc. and clinicssuch as CVS Health Corp's MinuteClinic.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
