05/24/2023 / By Ethan Huff
Nearly one in three rural American hospitals is on the verge of shutting down for good, according to a new report from the Center for Healthcare Quality & Payment Reform.
There are precisely 646 hospitals in rural America that risk closure, the group says, due to persistent financial problems. These facilities are not being paid enough to cover the cost of care delivery, we are told, which means losses on the balance sheet continue to mount.
Inflation and workforce shortages are only making matters worse, the report further explains. And while some rural hospitals are being kept on life support with grants, local tax revenues, and other profit sources, most still have very low financial reserves and remain at risk.
Texas is in the worst shape with 81 rural hospitals, or around 49 percent of the Lone Star State’s total number of rural hospitals, on the verge of closure, followed by Kansas with 56 rural hospitals, or 54 percent, facing probable shutdown.
Other hard-hit states include:
West Virginia, New Mexico, Maine, South Dakota, Hawaii, Indiana, Vermont, Colorado, Florida, Nevada, Wisconsin, Wyoming, Ohio, Alaska, Oregon, Idaho, Nebraska, New Hampshire, Arizona, Connecticut, Massachusetts, and Utah all have less than 10 rural hospitals facing closure.
The only states with no rural hospitals at risk of closure right now are Delaware, Maryland, New Jersey, and Rhode Island.
(Related: During covid, Memorial Hermann Sugar Land Hospital near Houston killed a Vietnam war veteran by refusing to give him ivermectin.)
In the immediate term, about 200 of the 646 hospital facilities in question face a very soon risk of closure, while the others have slightly more time to turn things around and right the ship.
Whether or not they will be able to achieve this remains to be seen as it seems mostly southern states are having trouble keeping their rural hospitals open.
“We may not have the money to cover the medical costs of rural Americans but we sure as hell can pay for illegals while covering the cost of a war in Ukraine,” wrote one disgusted commenter about the displaced priorities of America’s politicians.
“Lots of hospitals stayed in business simply by killing people and calling them coof deaths,” wrote another, referring to the deadly covid protocols that were deployed at hospitals through a federal government bribery scheme.
“Hospitals, doctors, actors, musicians, politicians, reporters, health officials, etc. all got paid in the trillions,” wrote another. “We got like $1,200 and insulted.”
The Mystery Babylonian death care system seems to be on its last legs. To learn more, visit Collapse.news.
Sources for this article include:
Tagged Under:
big government, bubble, collapse, debt bomb, debt collapse, economic riot, finance, finance riot, health care, hospitals, inflation, insanity, market crash, money supply, risk
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2022 FinanceRiot.com
All content posted on this site is protected under Free Speech. FinanceRiot.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. FinanceRiot.com assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.