writes. "The money will be used to support a bond issue to build a new facility that administrators hope will attract more patients." (Best Places map: Wedowee, Ala.)
Seven rural Oklahoma hospitals have been involved in bankruptcy since 2011, Ellis writes. Hospital consultant Val Schott told Ellis, "I would say probably 70 [percent to] 75 percent of the hospitals in rural Oklahoma are having some kind of financial struggle."
"Schott estimated a dozen or so are in serious trouble, with less than 10 days cash on hand to pay operational expenses," Ellis writes. Nationwide, more than 50 hospitals have closed since 2010 and "another 250 or so are teetering on the brink of bankruptcy or failure," Schott said. (Read more)
In Nebraska, rural hospitals "are seeing the effects of the state opting not to take the Medicaid expansion" offered under federal health reform, Irene North reports for the Scottsbluff Star Herald. "Without expansion, rural hospitals have reduced their charitable care and increased their bad debt from patients who have been unable to pay their bills.
“The unfortunate thing is when they put that whole thing together, they anticipated expansion would be taken by everyone,” Dan Griess, CEO of Box Butte General Hospital, told North, whose story is a comprehensive explainer.