January 9, 2025
Apply Now – Rural Hospital Stabilization Program (RHSP)
The Rural Hospital Stabilization Program (RHSP) is funded by the Health Resources and Services Administration’s Federal Office of Rural Health Policy and administered by the National Rural Health Resource Center. The ultimate goal of the program is to strengthen rural health care delivery nationwide.
RHSP aids rural hospitals, at no cost to them, to help them improve their financial stability by enhancing or expanding health care services that meet community needs. This may include everything from pulmonary rehabilitation to outpatient behavioral health services to expanded primary care and keep care close to home.
The Center’s subject matter experts and a team of nationally recognized consultants familiar with rural hospitals, provide:
- Comprehensive financial and operational assessments,
- Education,
- One-on-one coaching,
- Peer-to-peer sharing, and
- Other forms of customized assistance.
Hospitals participating in the cohort-style program work to identify clinical areas where the expansion or addition of services would help to ensure that care is available locally, and develop those service lines to:
- Bolster patient volume,
- Optimize service utilization, and
- Improve cash flow.
Hospitals that meet program expectations and are selected for participation may receive financial support for operating and equipment costs for service line development and a Community Engagement Champion.
Benefits of Participation:
- Enhanced and expanded service lines
- Financial stabilization
- Operational efficiency
- Quality Improvement
- Community Awareness and Perception
To learn more:
- View the Introduction to RHSP webinar playback
- Read Participation Expectations
- Read Eligibility Information
- Visit Frequently Asked Questions with Answers
Click Here to Apply