Hospitals in rural areas across the country are closing at an alarming rate—57 have closed in the last five years. This isn’t just bad news for hospitals and their employees. It’s bad news for communities as a whole. Not only does this make healthcare increasingly inaccessible, but fewer people will move to an area where there isn’t a hospital nearby, making it even more difficult for rural communities to grow and thrive.
As rural hospitals battle budget cuts and other tax issues, efficiency in self pay in more important than ever. Ensuring your patients are making their payments on time is key in closing the revenue cycle.
For more information about why rural hospitals are closing at such a high rate, read the article here.