When Mike Scialdone took the job as CFO of Memorial Health System four years ago, he said the hospital’s community connection was the attraction. That connection has been at the center of more than two years of debate about the future of the hospital He weathered the controversial exit of CEO Larry McEvoy and was [...]
Continue reading …The University of Colorado Hospital is a success story — and Colorado Springs is hoping a lease agreement and partnership with UCH will make Memorial Health System into one, too. UCH’s list of successes is long. It’s a $900 million-a-year enterprise, employing 4,100 people, ranked among the top 5 percent of the nation’s hospitals for [...]
Continue reading …The proposed lease of Memorial Health System got one step closer to reality with the approval of five resolutions at a special meeting of the Colorado Springs City Council. While several city council members were evacuated due to the Waldo Canyon fire, the Council had to pass the ballot language no later than today [...]
Continue reading …Colorado Springs City Council will meet Wednesday to discuss Memorial Health System lease and to lay the parameters of a new foundation to be created from the proceeds of the lease with the University of Colorado Health. The council meeting is set for 10 a.m. at council chambers, but Memorial materials will be available on [...]
Continue reading …Memorial Health System is the official hospital of the United States Olympic Training Center in Colorado Springs. In the first-of-its-kind agreement, Memorial will provide both general and specialized care to athletes training in the city, as well as provide medical support for USOC sports events in Colorado Springs. It’s hoped that other training centers will [...]
Continue reading …City officials are hammering out the details of how the foundation from the proceeds of the Memorial Health System. Details will be shared with city council – and the public – at Monday’s informal council meeting, said City Attorney Chris Melcher. Governance of the new foundation is the sticking point. “I think [...]
Continue reading …University of Colorado Health is counting on its national reputation to turn around Memorial Health System’s finances and recoup its investment in leasing the hospital system.
Continue reading …For the past week, we’ve listened as all sides have talked about what to do with the city’s windfall that would come from the negotiated 40-year lease of Memorial Health System to the University of Colorado Health. Almost everyone has fixated on the money — starting with that $74 million up-front payment from UCH, then [...]
Continue reading …The public gets a chance to weigh in on the Memorial Health System lease 3:30 p.m. today at the Colorado Springs City Council chambers, just a day after council heard the details of the agreement. “This is an historic day,” said Council President Pro Tem Jan Martin, who has been involved in the lease process since [...]
Continue reading …City officials describe the proposed Memorial Health System lease with University of Colorado Health as a “blockbuster” deal. “We spent hours negotiating this lease, and I really believe it’s better than anything we expected,” said Merv Bennett, one of the city council members who served on the negotiating team, which Bennett said team met for hours [...]
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