by Amy Gillentine Published: May 1,2012
Tags: board of trustees, Colorado Springs City Council, Larry McEvoy, Memorial Health System
The Colorado Springs City Council unanimously asked the entireMemorial Board of Trustees - minus Memorial Chief of Staff Karen Anthony – to resign by 5 p.m. tomorrow or face removal by the City Council. [...]
by Amy Gillentine Published: May 1,2012
Tags: City Council, Memorial Board of Trustees, Memorial Health System
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. [...]
by Amy Gillentine Published: April 30,2012
Tags: City Council, Colorado Springs, Larry McEvoy, Memorial Board of Trustees, Memorial Health System
Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same. [...]
by Amy Gillentine Published: April 30,2012
Tags: board of trustees, Larry McEvoy, Memorial Health System, severance package
Outgoing Memorial Health System CEO Larry McEvoy is a little surprised by the outcry and controversy over his $1.5 million severance package. After all, he said, City Council was consulted along the way, as was City Attorney Chris Melcher. “I’m surprised by the concern from some quarters,” he said. “The board was following industry standards [...] [...]
by Amy Gillentine Published: April 30,2012
Tags: Angela Dougan, Colorado Springs, Colorado Springs City Council, Larry McEvoy, Mayor Steve Bach, Memorial Board of Trustees, Memorial Health System, Tim Leigh
Despite the calls for dissolving the Memorial Health System board and the outrage about CEO Larry McEvoy’s $1.15 million severance package. experts say it is not out of line with industry standards. [...]
by Amy Gillentine Published: April 27,2012
Tags: CEO, Colorado Springs, Health Care, Larry McEvoy, Memorial Health System
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. [...]
by Amy Gillentine Published: April 26,2012
Tags: Memorial Health System, Penrose
While Memorial Health System is working to settle its governance issues, Penrose St. Francis Health Services is forging ahead with a strategy to grow its regional market share. [...]
by Amy Gillentine Published: April 25,2012
Tags: CEO, citizens' commission, Colorado Springs, departure, Larry McEvoy, Memorial Health System
Memorial CEO Larry McEvoy will leave the hospital system May 4, and be replaced by CFO Mike Scialdone on an interim basis. [...]
by Amy Gillentine Published: April 12,2012
Tags: Memorial Health System, Moody's
Credit-rating giant Moody’s downgraded Memorial Health System’s outlook from stable to negative last week, and even though the hospital has retained its A3 bond rating, it could still spell trouble down the road. A negative outlook could affect Memorial if it were seeking to borrow money, said Allan Roth, a local investment specialist and contributor [...] [...]
by Amy Gillentine Published: March 12,2012
Tags: City Council, Colorado Springs, finances, Memorial Health System
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 [...] [...]
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