2018 Rural Hospital and Clinic Financial Summit Report

August 2018
Author: 
National Rural Health Resource Center (The Center)

With the support of the Federal Office of Rural Health Policy (FORHP), the National Rural Health Resource Center (The Center) developed this report following a Summit of key rural hospital and clinic stakeholders to identify the most important financial indicators and strategies to transition to value-based payment. This report is designed to help rural hospital and clinic leaders meet this transition with financial success.

  • First, the report identifies the indicators of financial success for hospitals and clinics
  • Second, it provides key strategies that providers may deploy to transition successfully into value-based payment models
  • Third, the report highlights success stories shared by the Summit participants as well as resources needed by hospitals and clinics

The report is also intended to assist state Medicare Rural Hospital Flexibility (Flex) Programs and state offices of rural health (SORH) by offering timely information to assist them in developing tools and educational resources that support their hospitals and networks as they transition to value-based payment models. This report builds upon the knowledge gained from the Critical Access Hospital 2012 Financial Leadership Summit and includes key strategies discovered through the Small Rural Hospital Transition (SRHT) Project’s Rural Hospital Toolkit for Transitioning to Value-Based Systems.