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Congressional District 5, which includes all of El Paso County, has 13 hospitals and a direct revenue of $1.1 billion. That’s according to a new report from the Colorado Hospital Association, which examined the total economic impact of the state’s hospitals. The association is trying to stem health care cuts in Congress. The total output… Continue Reading Hospitals responsible for 2 percent of economic output

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State closes two youth corrections facilities

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Colorado is closing two youth detention centers because of a sharp decline in the number of youths being locked up. .State officials say the number of youths in the detention system has dropped 32 percent, from nearly 1,500 to 1,000, since 2006. State youth corrections director John Gomez said the state will close the 20-bed… Continue Reading State closes two youth corrections facilities

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Colorado is planning to double the price of Powerball tickets to bring in more money. The Department of Revenue says the state wants to raise more money for projects like state parks and schools. The prices of tickets will be raised from $1 to $2 beginning Jan. 15. The state says Powerball jackpots will start… Continue Reading Cost of Colorado Powerball tickets to double

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Memorial threatens legal action against PERA

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Memorial Health System has broken off negotiations with the state’s Public Employment Retirement plan – and is threatening legal action. PERA claims that Memorial would have to pay $246 million if it becomes a private nonprofit, but that’s not the way Memorial executive see it. The way Memorial views it: all Memorial employees would be… Continue Reading Memorial threatens legal action against PERA

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Slight decline in Colorado GDP

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Colorado’s state GDP fell 0.86 percent to $231.89 billion in 2009 from $233.9 billion the previous year, according to the U.S. Bureau of Economic Analysis. The report indicated declines in state GDP, also referred to as gross state product,  for 38 states. The average decline by state was 2.1 percent over that period, making Colorado’s… Continue Reading Slight decline in Colorado GDP

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Colorado state budget might face more cuts

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Colorado might face still more budget cuts if the federal government doesn’t come through with additional money for Medicaid. The state was so sure Congress would pass a six-month extension of Medicaid help to the states, the $211 million was included in the budget. But now, political fortunes have changed and congressional Democrats are hesitant… Continue Reading Colorado state budget might face more cuts

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Wind energy has received a favorable report from the Department of Labor, just as Colorado made the list of top 10 states for wind energy production and the General Assembly considers new “green” energy legislation during the final days of the session. The DOE study shows that renewable electricity standard would reduce fuel prices for all sectors,… Continue Reading Renewable energy receives favorable support state, federal levels

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A plan to balance the state budget would cut 4.3 percent from the state’s Medicaid provider rates, which would cost doctors more than $57 million in Medicaid reimbursement. Some doctors say that’s a plan that unfairly targets the poor. The Colorado Hospital Association, Colorado Medical Society, Colorado Community Health Network and the American Academy of… Continue Reading Doctors at odds with budget plan that cuts Medicaid

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Congress.org released its annual Congressional “power rankings” today, and it wasn’t particularly good news for the Colorado delegation. Colorado Democrats, with the exception of Rep. Diana DeGette (D-Denver), were judged to be at best mediocre, while Colorado Republicans were at or near the bottom of the list. Criteria used in compiling the list included position,… Continue Reading Colorado’s Congressional power rank, mediocre

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State settles pharmaceutical suit

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Attorney General John Suthers announced today the settlement of a civil law enforcement action against drug company Barr Pharmaceuticals. The suit charged Barr Pharmaceuticals and Warner Chilcott with antitrust violations that prevented generic versions of a prescription oral contraceptive, Ovcon, from reaching the marketplace. The lawsuit was filed jointly by thirty-three other states and the… Continue Reading State settles pharmaceutical suit

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