Categorized | Colorado News, National News, News

State Officials Believe Aggressive Hospital Growth Fueling Rate Increases

The Colorado Department of Health Care Policy and Financing is compiling data for a report expected this fall. The data so far is described as showing prices raised by 76 percent over the seven year period studied, profits among the largest in the nation and more aggressive construction of facilities than all but one other state.

Tax records indicate that more than half of the nonprofit hospitals or their systems reduced charitable giving for free medical care, subsidized services  and community health programs.

The Colorado Hospital Association disputes some of the findings. a full report with hospital by hospital data is expected in coming months.

Read more in The Denver Post




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