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The letter preceeded a decision to increase former hospital CEO Larry McEvoy’s pay by $120,000. Continue Reading AFP unveils complaint letter from Memorial doctors

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Council selects new Memorial board

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The Colorado Springs City Council chose a mix of health care executives, real estate developers and and finance professionals for the seven-member Board of Trustees for Memorial Health System. Continue Reading Council selects new Memorial board

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Memorial: Financial fallout following?

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It’s been a tumultuous week for Memorial Health System and the City of Colorado Springs by anyone’s standards … Continue Reading Memorial: Financial fallout following?

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As of 5 p.m. today, only a single member of the Memorial Board of Trustees offered his resignation. The other seven refused to step down. Continue Reading Most of the Memorial board refuses to resign

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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. Continue Reading Council asks board to resign, McEvoy’s settlement faces ‘legal review’

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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. Continue Reading City Council to discuss Memorial board, severance

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Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same. Continue Reading Memorial board votes to maintain McEvoy’s severance

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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… Continue Reading McEvoy surprised by Council outcry over severance

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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. Continue Reading McEvoy’s $1.15 million severance below industry average

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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. Continue Reading McEvoy’s severance could equal $1.15 million

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