Hospital corridor. Me (photo from Getty Images.)
A national report found that more than 400 safety-net hospitals are at risk of closing, including 10 in Ohio. But one Ohio hospital said its finances are in good shape despite the odds.
Mary Rutan Hospital in Bellefountaine has been named to Public Citizen’s List analysis safety net hospitals that are at risk of closure due to deep cuts to Medicaid resulting from the One Big Beautiful Act signed by President Donald Trump last summer.
Analysis shows 10 Ohio hospitals at risk of closing due to Trump/Republican spending bill
Hospitals made the list if at least 20% of their payers were made up of Medicaid and other low-income patients — and if they lost money between 2022 and 2024.
Maria Rutan lost $6.6 million in 2022, but it was profitable in the previous decade and indeed it was over one million dollars in net profit in 2024
“Like many hospitals across the country, Mary Rutan Health has experienced industry-wide pressures, including rising costs and reimbursement challenges due to the Covid-19 pandemic,” the hospital said in a statement. written declaration.
“While these factors have impacted net operating margin, the organization continues to maintain positive earnings after accounting for non-cash expenses such as depreciation and amortization, as well as a strong cash position and low debt levels.”
However, it said further cuts to health programs could impact the ability to provide care.
“…potential changes in Medicaid reimbursement remain a concern for health care providers across the country, particularly for rural and community-based systems,” it said. “Any future reductions may impact the way some services are delivered, both locally and across the country.”
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