4 rural health centers in Kentucky have closed down because 2009 and as much as 28 others are vulnerable to closure, according to a report from the Kentucky Healthcare Facility Association..
The 68 rural medical facilities in Kentucky use more than 24,000 people and rely greatly on government payers. The state has the sixth greatest percentage of medical facility patients covered by Medicare or Medicaid, according to the report..
The report estimates that Kentucky healthcare facilities will lose more than $2.6 billion in 2020 due to COVID-19. After federal relief funds, they will face approximated losses of about $1.3 billion..
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Due to the financial hardship connected to the pandemic, the Kentucky Hospital Association is contacting state policymakers not to enforce additional service provider taxes or cut Medicaid reimbursement..
Lots of rural medical facilities in Kentucky were dealing with substantial monetary strain prior to the COVID-19 pandemic, and in between 16 and 28 rural healthcare facilities in the state are at danger of closure if their financial circumstance does not improve, according to studies mentioned by the Kentucky Hospital Association..
Check out the full report here..
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