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Memorial commission to hold second public hearing

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The Memorial Commission is giving citizens another chance to weigh in about  the future of the municpal  hospital. The commission is holing a public hearing from 5:30 p.m. to 8:30 p.m. Wednesday, Oct. 6, at the Pikes Peak Regional Development Center, 2880 International Circle. Analysis of the models of ownership and governance and the advantages… Continue Reading Memorial commission to hold second public hearing

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Poudre Valley hospital a good mold for Memorial

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If Memorial Health System were to fashion itself after any other hospital network in the nation, it would be Poudre Valley Health System. Located in Fort Collins, Poudre Valley made the move from a public hospital to an independent nonprofit in 1994. At the time, the hospital had $100 million in revenue and 1,600 employees.… Continue Reading Poudre Valley hospital a good mold for Memorial

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Memorial proposal met with approval, questions

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A standing-room only crowd clapped loudly when Larry McEvoy finished presenting the administration’s vision for Memorial’s future. The crowd, filled with Memorial employees, heard Memorial’s proposal for its future for the first time at tonight’s citizens’ commission meeting. The proposal was met with largely positive responses from the commissioners, the employees and the hospital’s board… Continue Reading Memorial proposal met with approval, questions

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The city-owned Memorial Health System would become an independent nonprofit network – free to chart its own course – under a proposal unveiled tonight by the hospital. Hospital CEO Larry McEvoy, addressing a standing-room only crowd at the Memorial citizen’s commission, which has been meeting this year to explore the system’s future, said his administration… Continue Reading Memorial: We want to become an independent nonprofit

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Carson Tahoe Regional Healthcare system in Nevada used to be a lot like Memorial Health System: It was publicly owned but did receive tax revenue for operation. And, when officials decided to sell it, they enlisted the aid of an independent commission to explore options. In the end, they turned the hospital into a nonprofit and haven’t… Continue Reading Hospital with situation similar to Memorial’s went nonprofit

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Memorial wins national award

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Memorial Health System won a national award for efforts to turn around its financial picture in the past three years. Thomson Reuters gave Memorial the Healthcare Advantage Award for reducing its spending on wages and benefits by more than $35 million during a three-year period. The hospital was faced with a loss of nearly $32… Continue Reading Memorial wins national award

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The Memorial Commission on Ownership and Governance has chosen a Chicago-based consultant to assist with its work. In a unanimous vote yesterday, the nine-member group voted to hire Larry Singer as its consultant. Singer will now negotiate the terms of his contract with memorial Health System. MHS is responsible for paying for the commission’s expenses.… Continue Reading Memorial commission chooses consultant

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Infighting erupts at Memorial commission

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The chairman of the Memorial Health System citizens’ commission has come under fire for going too far in trying to control board discussions. Steve Hyde, according to board members, requires them to submit for his approval any questions they want to pose to Memorial executives. And he alone decides whether their inquiry is worth pursuing,… Continue Reading Infighting erupts at Memorial commission

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Potential buyers are already sniffing around Memorial Health System, including HealthONE, the largest private hospital company in the state. Other hospital systems who have expressed an interest include Community Health System and Banner Health System. HealthONE is making no secret of its interest, either. Memorial has a great reputation statewide, hence the interest, said HealthOne… Continue Reading Memorial suitors line up

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Potential buyers are already sniffing around Memorial Health System, including Health One, the largest hospital company in Denver. The interest doesn’t surprise CEO Larry McEvoy. But he points out no firm offers can be entertained. “And none can be,” he said, “not until the voters decide if they want to sell.” Health One was not… Continue Reading Health One among interested Memorial buyers, CEO says

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