While hospital actuaries crunch their own numbers, Memorial Health System and the Public Employees Retirement Association are at a standstill about how much the hospital should pay to become an independent, nonprofit system. [...]
By James Moore The recent City Council decision to defer a vote on the future of Memorial Health System is prudent and one the board of trustees of Memorial supports. There are many misunderstandings about Memorial Health System and what an ownership change would really mean for our community. To be fair, health care is [...] [...]
HealthOne, the largest hospital system in Denver, hasn’t been shy about expressing its interest in purchasing Memorial Health System. Though it hasn’t made a bid to buy Memorial yet, the company has spent tens of thousands on a campaign to stop the City Council from placing a measure on the ballot that would turn Memorial [...] [...]
by Amy Gillentine Published: December 31,2010
Tags: Memorial
Big decisions will be made in the health care industry in 2011, both on the local and national stage. Locally, voters will decide the future of Memorial Health System. The City Council is moving ahead with plans for an April ballot issue that will create an independent, nonprofit instead of a municipally owned hospital system. [...] [...]
by Contributing Writer Published: December 17,2010
Tags: Memorial
The work of the Memorial Citizens’ Commission is for all intents and purposes complete. This commission, consisting of nine highly educated and diverse citizen volunteers, conducted an extensive public outreach process and provided numerous opportunities for citizen access throughout all quadrants of the community. Our process consisted of more than 50 town hall meetings open [...] [...]
by Staff Writer Published: November 26,2010
Tags: Memorial
Memorial Health System is one of the city’s greatest assets, is one of the most respected hospital systems in the state, and, over the years, has treated hundreds of thousands of people. In short, it has given a lot to the community. Some on City Council don’t think it has given enough. As Business Journal [...] [...]
For the first time in years, Memorial Health System took an in-depth look at its pricing structure — and has decided to propose some room-rate and other changes based on what the competition is doing. The hospital system’s 2011 budget proposal includes price reductions for radiology and other outpatient lab services so that they’re more [...] [...]
Memorial Health System recently unveiled a roadmap for its future, but its rival, Penrose-St. Francis Health Services, might get there first. While the Memorial Citizens Commission debates the pros and cons of various paths for the hospital system, Penrose is already doing nearly everything in Memorial CEO Larry McEvoy’s plan: creating partnerships with doctors and [...] [...]
One of the highest profile executives at Memorial Health System has tendered his resignation. [...]
By Larry McEvoy Memorial Health System is Colorado Springs’ largest employer outside the military. It generated $15 million in earnings last year, and it employs more than 4,000 people with some of the region’s best-paying jobs. But Memorial’s dollars and jobs today are just a part of real value and unrecognized growth ahead. Imagine if [...] [...]