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City, PERA appear close to announcing settlement

Colorado Springs and the Colorado Public Employees’ Retirement Association (PERA) apparently have settled their multi-year dispute concerning the withdrawal of Memorial Health System from PERA. Wednesday afternoon, the Colorado Springs City Council met behind closed doors in executive session in a “special meeting” prior to a regularly scheduled meeting as the Utility Board. In attendance:… Continue Reading City, PERA appear close to announcing settlement

Compassion fatigue has impact in ERs as well

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Compassion fatigue has impact in ERs as well

Caregivers may experience compassion fatigue when they are continually exposed to traumatic injuries, often seen during war, and also inside hospital emergency rooms. Memorial Hospital Nurse Kathleen Flarity also works as a commissioned colonel in the Air Force Reserves. She has studied compassion fatigue since being deployed to Afghanistan. “I just finished 33 years in… Continue Reading Compassion fatigue has impact in ERs as well

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When people fall in an emergency room, any medical treatment as a result of the fall is paid for by the hospital. Historically, there’s been no assessment tool to ascertain the risk level of falling in emergency departments — until Dr. Kathleen Flarity created one for Memorial Hospital. “There was nothing in the United States… Continue Reading Memorial staffer first in nation to study ER falls

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UCH now officially in charge at Memorial

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The University of Colorado Health is officially running Memorial Health System, and the city’s holding the cash from the deal in two escrow accounts to pay off debts and kick off the Colorado Springs Health Foundation. The city received $340 million in cash and investment money from Memorial to defease the bonds. Three out of… Continue Reading UCH now officially in charge at Memorial

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Scialdone’s steadiness leads to CEO position

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Mike Scialdone has steered Memorial Health System during the highs and lows of the past four years. Continue Reading Scialdone’s steadiness leads to CEO position

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UCH lease brings early rewards, thanks to stability

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University of Colorado Health hasn’t officially started running Memorial Health System, but Memorial already is benefiting from the association. After downgrading Memorial’s outlook to negative in March, Moody’s Investors Service is giving the three-hospital group an upgraded A3 bond rating and a stable outlook. University of Colorado Health has an A3 rating with a positive… Continue Reading UCH lease brings early rewards, thanks to stability

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UCH makes right move with Memorial

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As the moment nears when Colorado Springs officially gives up control over Memorial Health System, with University of Colorado Health taking over at 12:01 a.m. Monday, Oct. 1, the city has much reason to feel encouraged — and relieved. So many times in the past few years, the future of Memorial appeared shaky at best,… Continue Reading UCH makes right move with Memorial

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Scialdone named CEO of Memorial

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In a move that came as little surprise to most, The University of Colorado Health has chosen Mike Scialdone to lead Memorial Health System. Bruce Schroffel, CEO of UCH, made the announcement yesterday, saying that Scialdone had been a “great asset in helping us understand the needs of Memorial and the community it serves, as… Continue Reading Scialdone named CEO of Memorial

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Memorial recognized for organ-donation efforts

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Memorial facilitated the most tissue donations of any state hospital last year, earning recognition from the Colorado Hospital Association and Donor Alliance. Donor Alliance COO Jennifer Prinz and CHA President Steven Summer presented the award last week in Vail. The award was created to recognize the commitment of Colorado hospitals, medical centers and health care… Continue Reading Memorial recognized for organ-donation efforts

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The City of Colorado Springs and the Public Employees Retirement Association have agreed to drop both lawsuits in the ongoing legal battle about Memorial Health System exiting the PERA retirement benefits program. The city will re-file its suit, which claims it doesn’t owe any money to PERA, in Denver District Court. In the city’s view,… Continue Reading City, PERA reach agreement that allows Memorial transfer to continue

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