Tag Archives: rural

Up to 1/3 of rural hospitals in poor financial shape, auditor finds, calling report a baseline for local decisions that could be tough

As many as one-third of Kentucky’s rural hospitals are in poor financial shape, and the survival of some will likely depend on their willingness to adopt new business models, state Auditor Adam Edelen said Monday. Unveiling a nine-month study, Edelen said 15 of the 44 hospitals examined were in “poor financial health,” and warned, “Closure

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