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• W3191924105 abstract "Hospitals anchor much of US health care and receive a third of all medical spending, including various subsidies. Nevertheless, some become insolvent and exit the market. Research has documented subsequent access problems; however, less is understood about broader implications. We examine over 100 rural hospital closures spanning 2005–2017 to quantify the effects on the local economy. We find sharp and persistent reductions in employment, but these localize to health care occupations and are more impactful in areas experiencing complete closures. Aggregate consumer financial health and housing markets appear unaffected by the shuttering of a rural hospital." @default.
• W3191924105 created "2021-08-16" @default.
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• W3191924105 date "2023-05-01" @default.
• W3191924105 modified "2023-10-17" @default.
• W3191924105 title "Economic consequences of hospital closures" @default.
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• W3191924105 doi "https://doi.org/10.1016/j.jpubeco.2023.104821" @default.
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