THE TOP FIVE STRATEGIES adopted by rural hospitals for the purposes of improving financial performance included improving patient satisfaction and care experience, adding new service lines or expanding existing service lines, community outreach, employee engagement, and physician engagement. Profitable hospitals were more likely than other hospitals to have implemented cost-cutting and internal and external stakeholder engagement strategies.
Nationwide, hospitals, as well as policy makers, are exploring strategies for improving the financial viability of rural hospitals. These efforts are in response to the critical need for sustainable hospital infrastructure in rural America and the negative impact the lack thereof can have on rural health. This study sought to describe efforts undertaken by rural hospitals to improve financial sustainability.
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Apenteng, Bettye; Peden, Angela; Lawrence, Raymona; Akowuah, Emmanuel; Opoku, Samuel; Stephens, James H.; and Mase, Bill, "Strategies for Improving Profitability of Rural Hospitals: Are Profitable Hospitals Doing Something Different?" (2017). Research & Practice Briefs. 1.