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	<title>Comments on: To sell or not, the hard decisions ahead</title>
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	<link>http://csbj.com/2010/06/21/health-care-to-sell-or-not-the-hard-decisions-ahead/</link>
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		<title>By: John Whitten</title>
		<link>http://csbj.com/2010/06/21/health-care-to-sell-or-not-the-hard-decisions-ahead/comment-page-1/#comment-34635</link>
		<dc:creator>John Whitten</dc:creator>
		<pubDate>Mon, 21 Jun 2010 22:14:20 +0000</pubDate>
		<guid isPermaLink="false">http://csbj.com/?p=30870#comment-34635</guid>
		<description><![CDATA[The Colorado Attorney General has opined that any proceeds from the sale of Memorial Hospital should go to a newly created health care oriented non-profit foundation.  In addition, any disbursements from that foundation should go only for health care related causes.  Both, he says, are pursuant to existing state law.

OK, if this is true, then the city will not benefit directly from the sale.  So ,now, what is the point of selling it?  Proponents allege the citiys budget problems will be solved.  The Attorney General (a Colo Sprgs resident, by the way...) disagrees.  Sounds like a lawsuit waiting to happen.

What would be wrong with keeping the hospital, working on the operating issues, with a goal of making it continuously profitable, and taking the profit to the city (where it will , no doubt, be squandered by the present administration...).  

But if, by some miracle of fate, we actually get competant city management, that money could prove beneficial, and could be used for a variety of causes, including debt service on the USOC deal......

It appears if we sell it, the beneficiaries would be limited, and the city would not be amoung them.

The resident cynic in me says there would be at least one city council member who like to manage such a foundation, but that&#039;s a whole &#039;nother issue.n

If we need to sell something, lets ditch utilities......that would get rid of a number of issues.....]]></description>
		<content:encoded><![CDATA[<p>The Colorado Attorney General has opined that any proceeds from the sale of Memorial Hospital should go to a newly created health care oriented non-profit foundation.  In addition, any disbursements from that foundation should go only for health care related causes.  Both, he says, are pursuant to existing state law.</p>
<p>OK, if this is true, then the city will not benefit directly from the sale.  So ,now, what is the point of selling it?  Proponents allege the citiys budget problems will be solved.  The Attorney General (a Colo Sprgs resident, by the way&#8230;) disagrees.  Sounds like a lawsuit waiting to happen.</p>
<p>What would be wrong with keeping the hospital, working on the operating issues, with a goal of making it continuously profitable, and taking the profit to the city (where it will , no doubt, be squandered by the present administration&#8230;).  </p>
<p>But if, by some miracle of fate, we actually get competant city management, that money could prove beneficial, and could be used for a variety of causes, including debt service on the USOC deal&#8230;&#8230;</p>
<p>It appears if we sell it, the beneficiaries would be limited, and the city would not be amoung them.</p>
<p>The resident cynic in me says there would be at least one city council member who like to manage such a foundation, but that&#8217;s a whole &#8216;nother issue.n</p>
<p>If we need to sell something, lets ditch utilities&#8230;&#8230;that would get rid of a number of issues&#8230;..</p>
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