Clean Sweep Live Auction on Wed. May 1st. Click to view the full inventory

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Pediatrics
Current Location:
> This Story

starstarstarstarstar (1)
Log in or Register to rate this News Story
Forward Printable StoryPrint Comment




U.S. Healthcare Homepage

Fivefold difference found in Medicaid reimbursements for radiotherapy May limit access to healthcare, especially in rural areas

First ultra high-res CT scan performed on US patient Scanner at UC Davis can image anatomy as small as 150 microns

Joint Commission fluoro mandate may confuse providers, say experts Requires max exposure rates of imaging modes for fluroscopy devices

CMS to add more telehealth benefits to Medicare Advantage plans Aiming for greater flexibility, lower costs

Feds indict 24 in $1.2 billion healthcare fraud scheme DoJ says 'one of the largest healthcare fraud schemes' ever

House to evaluate bill on radiologist assistant service claims Calls for Medicare to accept claims of services performed by radiologist assistants

Radiologist compensation holds steady, female physicians closing pay gap Doximity study drew from self-reported compensation surveys

Device safety researchers to FDA: Release the hidden data Gottlieb 'wasn't aware' how many reports weren't going into MAUDE

Female oncologists submit fewer charges, paid less than male Study bases findings on Medicare records

Bill in Senate proposes permanent repeal of medical device excise tax Introduced by Senators Pat Toomey and Amy Klobuchar

What can be done about this?

One in five US rural hospitals are at high risk of shutting down: study

by Lauren Dubinsky , Senior Reporter
One in five rural hospitals in the U.S. are at high risk of closing, yet 64 percent of them are crucial to the health and economic success of their communities, according to a new Navigant Healthcare study.

David Mosley, a managing director at Navigant, told HCB News that a large furniture company was planning to open a new manufacturing facility in an impoverished area two years ago. But when a local hospital closed, the deal was off the table and the company built the facility in another state.

Story Continues Below Advertisement

Servicing GE Nuclear Medicine equipment with OEM trained engineers

We offer full service contracts, PM contracts, rapid response, time and material,camera relocation. Nuclear medicine equipment service provider since 1975. Click or call now for more information 800 96 NUMED

“I was absolutely shocked that the local community leaders had no clue the hospital was in such poor financial shape,” said Mosley. “My colleagues suggested that we could utilize public data to assess not only the financial status of every hospital that serves Medicare patients, but we could also gauge ‘essentiality.’”

This study evaluated over 2,000 rural hospitals around the country and found that 21 percent are at a high risk of closing based on their total operating margins, days cash on hand and debit-to-capitalization ratio. That means that 430 hospitals in 43 states that employ 150,000 individuals are in danger of shutting down.

The researchers dug deeper to determine how essential these hospitals are to their communities in terms of trauma status, services they provide to vulnerable populations, geographic isolation and economic impact. They found that 64 percent of the hospitals are considered essential.

The data also revealed that Mississippi, Alabama, Kansas, Georgia and Minnesota are expected to the experience the biggest impact.

According to the study, that factors contributing to this are low rural population growth, payor mix degradation, decrease in inpatient care, excess hospital capacity, as well as a lack of capital and necessary technology.

One potential solution is for rural hospitals to partner with academic and regional health systems. That could involve telehealth, revenue cycle, human capital, EHR use, physician training and clinical optimization.

“They must form strategic relationships with academic medical centers or other large, viable entities that can assist with telehealth, rotation of specialists, even leveraging down the cost of IT systems, coding, billing, collections, and backroom support,” said Mosley.

He added that excess capacity and the fixed costs associated with that must be addressed as well as margin compression caused by the pervasiveness of government payors.

“Meanwhile, they have to stay relevant to their community," he concluded. “Think of the ‘hub and spoke’ model where the rural community hospital can be the hub to coordinate the delivery of a myriad medical and social services.”

Back to HCB News
  Pages: 1

U.S. Healthcare Homepage

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.