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Public hearing about Memorial lease today

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The public gets a chance to weigh in on the Memorial Health System lease 3:30 p.m. today at the Colorado Springs City Council chambers, just a day after council  heard the details of the agreement. “This is an historic day,” said Council President Pro Tem Jan Martin,  who has been involved in the lease process since… Continue Reading Public hearing about Memorial lease today

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Details of Memorial Health System’s proposed 40-year lease to University of Colorado Health will be made public June 11 during an informal City Council meeting. Council made the announcement today, and also said comment about the proposed lease will be heard at that meeting, as well as during Council’s  June 12 formal meeting. Under its initial… Continue Reading Memorial: lease to be unveiled June 11, Veitch steps down

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After years of discussion, task-force and commission meetings and closed-door talks, the Colorado Springs City Council is preparing to ask voters  whether to lease Memorial Health System to the University of Colorado Hospital. City Council will hold a special meeting at 1 p.m. Wednesday, May 16 at the Blue River Boardroom on the fifth floor… Continue Reading Council schedules meeting about Memorial ballot question

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The letter preceeded a decision to increase former hospital CEO Larry McEvoy’s pay by $120,000. Continue Reading AFP unveils complaint letter from Memorial doctors

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Council selects new Memorial board

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The Colorado Springs City Council chose a mix of health care executives, real estate developers and and finance professionals for the seven-member Board of Trustees for Memorial Health System. Continue Reading Council selects new Memorial board

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As of 5 p.m. today, only a single member of the Memorial Board of Trustees offered his resignation. The other seven refused to step down. Continue Reading Most of the Memorial board refuses to resign

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The Colorado Springs City Council will meet today at 4 p.m. and possibly take action to remove the Board of Trustees at Memorial Health System – and undo exiting CEO Larry McEvoy’s severance package. Continue Reading City Council to discuss Memorial board, severance

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Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same. Continue Reading Memorial board votes to maintain McEvoy’s severance

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Memorial paints rosier financial picture

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Memorial Health System’s financial picture is looking pretty rosy these days – thanks to some changes made internally and to the rebounding stock market. Memorial reported January earnings at $4.8 million, exceeding its budget and the previous year’s numbers. The information was part of the hospital’s monthly report to the Colorado Springs City Council. “In… Continue Reading Memorial paints rosier financial picture

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Ivywild project closer to final approval

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The Ivywild revitalization project will receive final approval at Tuesday’s formal Colorado Springs City Council meeting. The project, which involves buying and renovating the Ivywild Elementary School, will be developed using tax increment financing from both property taxes and sales taxes. State law allows TIF to be used to finance projects in “blighted” areas. Mike… Continue Reading Ivywild project closer to final approval

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