Stroudwater Associates

Earlier this year, we partnered with the National Rural Health Association and National Organization of State Offices of Rural Health (NOSORH) for the 2024 Rural Provider Compensation Survey to analyze rural provider compensation and build upon last year’s results. This year’s survey uncovered that rural hospitals will have a financial sustainability and compliance challenge if they do not address provider pay disparities and overcompensation. On December 6th at 12pm ET, we will be hosting a webinar in partnership with the NRHA to discuss the results of the 2024 Provider Compensation Survey. Register here: https://hubs.li/Q02ZlHq40 #StroudwaterAssociates #RuralHealthcare #ProviderCompensation

Compliance with accreditation standards is essential for rural and community facilities, where maintaining clinical and quality compliance supports patient safety and high-quality care. On December 5th at 2pm ET, our team is hosting a webinar on How to Build Your Survey Readiness Toolbox in partnership with National Rural Health Association. We'll discuss how to build a robust survey readiness toolbox, address compliance challenges, and improve patient outcomes. Please register here: https://hubs.li/Q02Z9NM90 #StroudwaterAssociates #RuralHealthcare #SurveyReadiness

Outmigration occurs when patients from rural areas travel to larger hospitals in more populated areas for healthcare services. This phenomenon can have significant impacts on rural healthcare systems such as affecting patient volume and market share for rural healthcare facilities, financial strain, damage to the reputation of local healthcare providers, among others. In 2022 Stroudwater Capital Partners - Rural Healthcare and Stroudwater Associates released the 2022 Rural Hospital Replacement Facility Study considering data from all Critical Access Hospitals replaced between 2000-2019. The findings relative to volume growth post-replacement and the corresponding decrease in outmigration for Critical Access Hospitals was promising. Learn more from the study and its findings here: https://lnkd.in/dVBWGubQ On this National Rural Health Day we wholeheartedly celebrate rural healthcare and remind our rural health community that we are here to help. If you are ready to ask the questions about what it takes to replace or expand your facility and remove the term “outmigration” from your facilities vocabulary, ?we are here to talk: [email protected] #PowerOfRural #NationalRuralHealthDay #ruralhealth #ruralhealthcare #CriticalAccessHospital #capitalproject

The Hill-Burton program, formally known as the Hospital Survey and Construction Act, was a pivotal turning point in the advancement of rural healthcare in the United States. Signed into law in 1946, this legislation transformed the landscape of rural health by providing crucial construction grants and loans for building healthcare facilities in communities that previously lacked them. Enabling the construction of nearly one-third of U.S. hospitals by 1975, the Hill-Burton program brought essential medical services to the doorsteps of many rural communities, enhancing healthcare accessibility significantly. Even after its direct funding ended, the legacy of the Hill-Burton program continued. Now, with over 1300 Critical Access Hospitals currently active in the United States, many have reached the turning point for them to be replaced, expanded, or updated in order to continue serving their rural communities. In 2022 Stroudwater Capital Partners - Rural Healthcare and Stroudwater Associates released the 2022 Rural Hospital Replacement Facility Study considering data from all Critical Access Hospitals replaced between 2000-2019 and in fall of 2025 the updated study will be released extending the data from 2000-2023. Learn more from the current study and its findings here: https://lnkd.in/dVBWGubQ On this #NationalRuralHealthDay we celebrate rural healthcare and remind our rural health communities and partners that the role of Stroudwater Capital Partners - Rural Healthcare is to serve you and work alongside you to keep the future of your community looking bright. If you are ready to ask the questions about what it takes to replace, update, or expand your facility, we are here to talk: [email protected] #PowerOfRural #ruralhealth #ruralhealthcare #CriticalAccessHospital #capitalproject #USDA #communityfacilites

Today, our team celebrates National Rural Health Day and the power of rural. Every day, we partner with healthcare leaders who are committed to supporting, sustaining and amplifying the role of community healthcare. Together with our partners, we are deeply committed to keeping care local for the 61 million Americans who rely on it. While we celebrate the #PowerofRural every day, we want to take today to share why keeping care local is essential to thriving communities: - Nearly 19.7% of the population live in areas considered rural - Rural communities face a disproportionate shortage of qualified healthcare providers with 71% of primary care Health Professional Shortage Areas (HPSAs) located in rural and frontier communities of the U.S. states and territories - Compared to urban nurse practitioners, rural NPs report being more satisfied with their jobs, fully practicing to the extent of their license and anticipate staying in their jobs much longer. #StroudwaterAssociates #RuralHealthcare

Last year, we published the first of its kind Rural Provider Compensation Report, which illustrated the enormous variability in provider pay across rural organizations and the pressing need for rural healthcare organizations to align their provider pay to the organization’s goals In partnership with the National Rural Health Association, we will be hosting a webinar to discuss the results of this year’s survey on December 6th at 12pm ET. In this webinar, we’ll discuss: - How market forces are influencing provider compensation and the strategies rural hospitals are using to stay competitive. - Median compensation trends for primary care providers (with and without OB) and specialty providers. - Compliance hurdles related to provider compensation, with a focus on fair market value considerations. To register, please click here: https://hubs.li/Q02Y-wn30 #StroudwaterAssociates #RuralHealthcare #ProviderCompensation

Is your hospital ready for an accreditation survey? On Thursday, December 5th at 2pm ET, we will host a webinar with the National Rural Health Association to discuss How to Build Your Survey Readiness Toolbox.??? During this webinar, we will talk through strategies to:?? 1. Address compliance challenges? 2. Improve patient outcomes? 3. Enhance your facility's overall performance? To register, click here: https://hubs.li/Q02YVdJH0 #StroudwaterAssociates #RuralHealthcare #SurveyReadiness?

Through the 2022-2023 Rural Healthcare Provider Transition Project (RHPTP), Northern Maine Medical Center in Fort Kent, ME, worked with us to improve financial and operational performance. By working together, NMMC achieved: ? 84% improvement in operating margin ? 44% increase in patient satisfaction (HCAHPS) ? 66% boost in patient portal engagement With quality assurance frameworks, Lean training, and a renewed Community Advisory Group, NMMC has strengthened patient care and engagement, setting the foundation for sustainable, value-based care. Special thanks to the National Rural Health Resource Center for featuring this story! Together, we’re building a brighter future for rural healthcare. ?? #RuralHealth #HealthcareTransformation #StroudwaterAssociates #RHPTP #ValueBasedCare https://hubs.li/Q02Y7N5r0

Studies have shown that EMTALA violations happen at a rate of 4-5% annually and majority of violations occur in high-volume emergency departments. However, one EMTALA violation can have a considerable financial impact on facilities and providers. Learn how your organization can maintain compliance: https://hubs.li/Q02XHY_y0 #StroudwaterAssociates #RuralHealthcare #EMTALA

Primary care is at the center of both the problem and the solution to the opioid crisis. Healthcare facilities need a roadmap to improve opioid management of chronic pain patients and a way to reduce reliance on long-term opioid therapy. The Stroudwater Associates clinical team is well-versed in how the opioid epidemic has uniquely affected rural communities. Our team will help customize and implement the Six Building Blocks Program into daily operations at primary care clinics. Learn more here: https://hubs.li/Q02WZq630 #StroudwaterAssociates #RuralHealthcare