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Struggling rural hospitals compete for billions of dollars in federal funding

Struggling rural hospitals compete for billions of dollars in federal funding

Summary

Rural hospitals in the United States face financial difficulties, with over 100 hospitals closing in the last ten years. To help, Congress approved $50 billion in funding to support rural health systems. The money aims to address issues like Medicaid shortfalls.

Key Facts

  • Over 100 rural hospitals have closed in the past decade in the U.S.
  • Many rural health systems are currently losing money.
  • Congress passed a $50 billion fund called the "rural health transformation fund."
  • This fund is part of a budget bill named β€œOne Big Beautiful.”
  • The funding is intended to address Medicaid shortfalls.
  • Carrie Cochran-McClain from the National Rural Health Association discussed how states plan to use this money.

Source Information