Financial Strategies and Initiatives for Preventing Rural Hospital Closure

U.S. rural hospital closures have increased 34% since 2015 due to financial reasons, affecting access to healthcare services in rural communities. This multiple-case study explored strategies that rural hospital leaders implement to improve their hospitals’ financial performance in Arizona, Georgia, Illinois, Oklahoma, Pennsylvania, and the U.S. Virgin Islands. The key themes were rural hospital leaders’ decision-making when addressing rural hospital financial performance, developing synergies with external providers and hospitals, creating effective short-term and long-term strategies, and translating success to the entire organization.https://scholarworks.waldenu.edu/symposium2019/1027/thumbnail.jp