• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Rural hospitals struggle to maintain operations after COVID funds cease
Economy

Rural hospitals struggle to maintain operations after COVID funds cease

by November 19, 2023
by November 19, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The National Rural Health Association says costs for hospitals have gone up and funding for rural hospitals has gone down, because COVID-19 funds are no longer a factor. The emergency funds helped many hospitals that were at risk of closing before the pandemic to keep their doors open through 2020.

Robert Pascasio is the CEO of OmniPoint Health Hospital in Anahuac, Texas. He says rural hospitals are struggling to maintain their operations after dealing with higher costs and labor shortages.

‘COVID increased costs for all of us across the board. Labor costs are up, substantially. Supply costs are up, substantially,’ Pascasio said. ‘We’re still experiencing shortages. A lot of folks got out of healthcare as a result of COVID.’

Now, COVID funds that kept many rural hospitals open during the pandemic have ended, resulting in the closure of 18 rural hospitals in addition to 18 that no longer offer in-patient care since the funding stopped over a year ago.

Carrie Cochran-McClain of The National Rural Hospital Association says many hospitals across the country are now at risk of closing.

‘We have up to a third of rural hospitals that are vulnerable to closure,’ McClain said. ‘Rural hospitals are finding themselves in worse conditions than when they went into the pandemic and when they received those funds.’

Pascasio says he has worked hard with the local government entities to ensure OmniPoint’s doors stay open.

‘It’s hard: finding staff, moving forward with getting the facilities staffed completely and with the right kind of folks, and the costs that go with that. It was nice while we had it — the funding we received. But, the costs haven’t gone away, while the funding has,’ Pascasio said.

He says supplemental funding has helped them keep their doors open.

‘There’s hardly a day that goes by that I don’t read about some hospital somewhere closing, because they just don’t have the funding,’ Pascasio said. ‘If not for the supplemental funds, we may be one of the ones that folks were reading about going away.’

He also notes that rural hospitals are typically the largest employers in their areas. So, the majority of jobs in these rural areas are eliminated when the hospitals close.

This post appeared first on FOX NEWS
You Might Also Like
  • Republicans in this crucial early voting state may cast ballots twice for GOP presidential nomination
  • Debt ceiling crystal ball: Deal unlikely over next couple of days
  • Joe Manchin vows to fight Biden’s war on appliances: ‘Not supporting any of the craziness’
  • Special prosecutor to be named to probe Georgia Lt. Gov. Burt Jones in Trump case
Share
0
FacebookTwitterPinterestWhatsapp

previous post
T-Mobile sued after employee stole nude images from customer phone during trade-in
next post
2024 battle for Senate majority: These five seats held by Democrats are most likely to flip

You may also like

How Hamas fooled gullible donors to fund its billion-dollar terror...

January 15, 2024

Here’s what GOP rebels want from Johnson amid threats to...

May 8, 2024

New laws: Here are some of the most impactful bills...

July 3, 2023

Kamala Harris accepts invitation to debate Trump VP pick

May 17, 2024

McConnell says TikTok bill deserves ‘urgent attention’ amid China security...

April 9, 2024

Buttigieg adviser who says all cars are bad has problem...

September 21, 2023

Biden says Austin had lapse in judgment following hospitalization debacle,...

January 13, 2024

House GOP exposes ‘woke’ items in Biden’s $7.3 trillion budget

March 13, 2024

Hunter Biden knew 70% of art buyers, contradicting White House...

January 17, 2024

Bipartisan bill would allow people who consumed marijuana to gain...

August 2, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

      June 20, 2025
    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Oil prices rise more than 1% as Israel vows to...

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New...

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year,...

      June 20, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Hawley says ‘the great awokening’ is...

    April 21, 2023

    Israel’s success, Iran’s failure and the...

    April 16, 2024

    Trump charged with additional counts in...

    July 28, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here