Categorized | Colorado News, News

Another Year, Another Check to Colorado Springs from UCHealth

After another successful year at Memorial Hospital, UCHealth will pay the City of Colorado Springs via the Colorado Springs Health Foundation its fourth consecutive revenue-sharing dollars since taking over operation of the hospital in 2012. The amount to be shared with the City is $675,475.   The amount is about half of the first year’s split because the hospital system invested significantly to become the first Level 1 Trauma Center outside of the Denver metro area.

The City of Colorado Springs leases city-owned Memorial Hospital to UCHealth.   The contract provides that revenue-sharing dollars flow to the City annually each year that the hospital experiences earnings in excess of a baseline percentage outlined in the lease between the two parties.

Read more in the Colorado Springs Independent.

Register for the Summer State-of-the-State

Join us for a conversation with Aetna CEO Mark Bertolini.  REGISTER HERE.

Thank You For Your Loyalty.

HCCA, publishers of the Colorado Managed Care Newsletter, began reporting on the financing of healthcare in Colorado in December of 1983. As we begin our 34th year, we are grateful for the opportunity to be one of your sources of information in this ever-changing, healthcare market.