US EditionMore rural hospitals adopt critical access status to boost finances
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More rural hospitals adopt critical access status to boost finances
More rural hospitals are agreeing to reduce their inpatient beds by switching to critical access hospital (CAH) status, which many subsequently used to obtain 340B eligibility. The increase in hospitals obtaining CAH status and 340B eligibility comes amid an ongoing trend of closures and service line eliminations as rural facilities financially struggle. Those adverse consequences stem, at least partly, from changing rural patient preferences. “…
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