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Memorial vote won’t come until November

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The millions of dollars required to move its employees from a public pension plan to a private one could scuttle any plans for a change in ownership for Memorial Health System. Actuaries at the Public Employees Retirement Association estimated the cost of covering retiree benefits as $246 million — much higher than the $30 million to… Continue Reading Memorial vote won’t come until November

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Health giant jumps into Memorial ballot battle

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The battle over the fate of Memorial Health System is pitting one of the biggest hospital companies in Colorado, which wants to buy Memorial, against a fledgling group of locals that supports the hospital’s bid to become a nonprofit. HealthOne, controlled by for-profit giant HCA, has launched a campaign to halt progress of the effort… Continue Reading Health giant jumps into Memorial ballot battle

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Penrose-St. Francis Health Services, Memorial Health System and Kaiser Permanente are each contributing $3,579 to the Greater Colorado Springs Chamber of Commerce in payment for its wellness program victories. All 20 chamber employees completed a three-month program in which they were screened for diabetes, hypertension, cholesterol, body mass index and smoking. They were offered on-site personalized… Continue Reading Chamber staff sheds pounds, gains dollars with wellness program

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Task force agrees to Memorial ballot language

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If it becomes a nonprofit, Memorial Health System cannot be sold unless voters agree. Any proceeds from a sale or lease of the nonprofit would be returned to the city. That’s part of the ballot language agreed to by a joint city council-Memorial Board of Trustees task force today. The full council will vote on… Continue Reading Task force agrees to Memorial ballot language

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Campaign mounted to halt Memorial spin-off

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The fight about what to do with Memorial Health System is heating up – and those opposed to creating an independent nonprofit hospital – including a Denver hospital hoping to buy Memorial – are spending big bucks. This week, direct mail flyers were mailed throughout the Springs, asking people to contact city council members and request that the… Continue Reading Campaign mounted to halt Memorial spin-off

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Memorial board rejects HCA’s interest

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The Memorial Board of Trustees views HCA’s interest in purchasing Memorial Health System as the “wolf at the door,” said Chairwoman Arlene Patterson Stein. “We speak as one voice, and we would like council to affirm its commitment to the commission’s work and it recommendation,” she said. “We don’t support the HCA attempt.” The Memorial… Continue Reading Memorial board rejects HCA’s interest

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City council wants to receive some sort of payment from Memorial Health System, but doesn’t want to lease the property to the new organization. “I think they should own it lock, stock and barrel,” Mayor Lionel Rivera said. “I don’t see any benefit in retaining it.” The city does want an annual payment. Rivera pointed… Continue Reading Council wants city to receive money from new Memorial

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HCA-HealthOne, a for-profit medical company, is trying to convince Memorial Health System officials to rethink plans to turn the hospital in to a nonprofit and instead sell it to them. Memorial CEO Larry McEvoy rejected HCA’s overtures. In a written statement, McEvoy said the best names in health care – the Mayo Clinic, the Cleveland… Continue Reading Memorial suitor continues quest for hospital

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Calculating the cost of the Memorial Commission

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The Memorial Commission’s proposal about the future of Memorial Health System is in the hands of city council now. So what did it cost to get there? At least $331,479.31, according to Memorial’s accounting. The bulk of that went to the Bachman Group for public relations work and to Larry Singer, a Chicago-based health care… Continue Reading Calculating the cost of the Memorial Commission

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Memorial Commission issues final report

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As expected, the Memorial Citizens’ Commission’s final report recommends turning Memorial Health System into an independent nonprofit, but it also makes allowances for local control and for the city to receive financial remuneration. The commission made its presentation to the Colorado Springs City Council this afternoon during its informal meeting. Mayor Lionel Rivera has signaled… Continue Reading Memorial Commission issues final report

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