The newly created Memorial Board of Trustees met for the first time today and elected the officers that will guide the new board through the transition to the election for University of Colorado Health. Marcy Morrison, longtime community advocate, former mayor of Manitou Springs and most recently, the former Colorado Commissioner of Insurance, was named [...] [...]
Former Memorial Health System CEO Larry McEvoy will get to keep all of his $1.15 million severance package. After an hours-long closed session yesterday, City Council decided there was little it could do to alter the compensation package – which includes 18 months’ salary, a company car, $20,000 in outplacement services and cash in lieu [...] [...]
After more than an hour in executive session, the Colorado Springs City Council postponed the decision about outgoing CEO Larry McEvoy’s $1.15 million severance package. The reason, said council president Scott Hente, was to get more advice from city attorney Chris Melcher. “This is a complicated issue,” Hente said. “It’s about contract law, about labor [...] [...]
WellPoint Inc. shareholders rejected a call for more disclosure about the health insurer’s political contributions Wednesday during a shout-filled, contentious annual meeting. Union representatives and other protesters repeatedly interrupted Chairwoman and CEO Angela Braly after she opened the meeting and introduced proposals for shareholder voting. One person presented a petition she said was [...] [...]
Colorado’s health hasn’t improved much in the years that the Colorado Health Foundation has been releasing its report card. In fact, for the state labeled “leanest” and “most active,” health care advocates say there is a lot of room for improvement. In its latest reiteration of the state’s health report card, the state earned a [...] [...]
The number of small businesses that offer health insurance to employees continues to decline, according to a new report from the Colorado Division of Insurance. [...]
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. [...]
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. [...]
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 [...] [...]
After initial disagreement, patient advocates and hospitals in Colorado are in favor of a bill that would require hospitals to provide discounts to uninsured patients and to offer more transparency about how those patients can pay their bills. [...]