Using the Updated Financial Distress Index to Describe Relative Risk of Hospital Financial Distress
Link
Description
Describes the relative risk of rural hospitals and selected urban hospitals experiencing financial distress in 2023. Provides an overview of an updated Financial Distress Index (FDI), which incorporates variables reflecting changes to operational environments since the publication of the 2017 FDI to predict and analyze financial distress and risk of rural hospital closure. Presents data on the characteristics of hospitals by relative risk of financial distress in 2023 and the number of hospitals in each state across in category of relative risk of financial distress.
Author(s)
Tyler Malone, George Pink, Kristie Thompson, Mark Holmes
Date
04/2024
Type
Document
Organization
North Carolina Rural Health Research Program
Tagged as
Closures of healthcare facilities and services · Critical Access Hospitals · Healthcare business and finance · Hospitals · State-by-state data · Statistics and data · State-by-state