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Archive for the ‘Health Care’ Category

McEvoy’s $1.15 million severance below industry average

Despite the calls for dissolving the Memorial Health System board and the outrage about CEO Larry McEvoy’s $1.15 million severance package. experts say it is not out of line with industry standards. [...]

McEvoy’s severance could equal $1.15 million

by Amy Gillentine Published: April 27,2012

Tags: CEO, Colorado Springs, Health Care, Larry McEvoy, Memorial Health System

Outgoing CEO Larry McEvoy will receive a total severance package of $1.5 million, under term of an agreement still to be finalized by the Memorial Health System Board of Trustees and McEvoy. [...]

Penrose gaining ground in hospital war (access required)

by Amy Gillentine Published: April 26,2012

Tags: Memorial Health System, Penrose

While Memorial Health System is working to settle its governance issues, Penrose St. Francis Health Services is forging ahead with a strategy to grow its regional market share. [...]

Memorial CEO McEvoy steps down

by Amy Gillentine Published: April 25,2012

Tags: CEO, citizens' commission, Colorado Springs, departure, Larry McEvoy, Memorial Health System

Memorial CEO Larry McEvoy will leave the hospital system May 4, and be replaced by CFO Mike Scialdone on an interim basis. [...]

Study: High costs keep medicines from market

Development of a new drug in 1975 cost $100 million in today’s dollars. Now, the cost of bringing a new medicine from lab to pharmacy could exceed $1.2 billion. [...]

Marijuana training proposal faces CO House test

by Associated Press Published: April 18,2012

Tags: Health Care, marijuana, medical, Training, workers

A marijuana proposal aimed at training people who work in medical marijuana businesses faces a test in Colorado’s Republican House. A House committee known for rejecting Democratic proposals planned Wednesday to consider a “responsible medical marijuana vendor” designation. The optional designation would allow pot shops to train employees in state marijuana regulation and how to [...] [...]

Penrose wins award for support of National Guard

by Amy Gillentine Published: April 18,2012

Tags: National Guard, Penrose-St. Francis Health Services, support

Penrose-St. Francis Health Services recently earned an award for its support of its National Guard and Reserve employees. The Pro Patria award is given to companies for “exceptional leadership, support and personal devotion.” The hospital will receive the award at the 2012 Colorado Employer Support of the Guard and Reserves award banquet May 4. “Colorado [...] [...]

Moody’s downgrades Memorial outlook (access required)

by Amy Gillentine Published: April 12,2012

Tags: Memorial Health System, Moody's

Credit-rating giant Moody’s downgraded Memorial Health System’s outlook from stable to negative last week, and even though the hospital has retained its A3 bond rating, it could still spell trouble down the road. A negative outlook could affect Memorial if it were seeking to borrow money, said Allan Roth, a local investment specialist and contributor [...] [...]

HealthSouth earns center of excellence certification

HealthSouth Rehabilitation Hospital in Colorado Springs recently was certified as a center of excellence by the Joint Commission, the  certification board for the nation’s hospitals. The distinction means that HealthSouth met certain core measures and improved others, said CEO Steve Schaefer. “We identified areas we wanted to measure, and then worked on improving those measures,” [...] [...]

Innovations in Aging hosting workshop

by Monica Mendoza Published: April 10,2012

Tags: Baby Boomers, business of aging, Colorado Springs, El Paso County

The Colorado Springs Innovations for Aging Collaborative is preparing to meet the baby boomer wave that’s about to wash over El Paso County. The collaborative is hosting a workshop April 21 at Colorado College’s Worner Campus Center. The objective of the meeting is to identify a project related to aging that the community can rally [...] [...]

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