Pooling Resources, Using Virtual CISOs Can Help Rural Hospitals Stay Afloat
Healthcare IT News
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Contributed by: Kate Gamble
Summary
Rural hospitals are grappling with financial and operational challenges, including uncompensated care, high costs, declining reimbursements, and cybersecurity threats, which could lead to closures. Small healthcare providers often lack the necessary resources to tackle these issues effectively. Cybersecurity is a growing concern, as these facilities are frequent targets for cyberattacks, compelling them to invest in both technology and cybersecurity measures. Experts recommend that rural healthcare providers implement cost-efficient, collaborative strategies, such as connecting patients with payment sources and pooling IT resources through networks like Health Center Controlled Networks (HCCNs) to enhance their operational viability. Rural emergency hospitals face particularly severe financial strains due to limited federal support compared to critical access hospitals, as evidenced by recent Medicaid cuts.