Rocky Mountain Voice

Tag: Colorado Hospital Association

Colorado Rural Hospitals Fight to Survive as Costs and Regulations Mount
Colorado Politics, Approved, State

Colorado Rural Hospitals Fight to Survive as Costs and Regulations Mount

By Thelma Grimes | Colorado Politics Editor’s Note: Colorado’s healthcare system is entering a period of accelerating instability — a “tsunami,” as multiple leaders describe it — driven by collapsing hospital finances, shrinking Medicaid reimbursements, disappearing services and a political fight over who is responsible for this unraveling. Healthcare Freefall is a multipart series examining how Colorado arrived at this moment, what H.R. 1 will do next and why communities across the state are bracing for deeper shocks. Healthcare Freefall Colorado’s rural hospitals are facing severe financial strain — with 75% operating on unsustainable margins and some worrying they may have to close. Southwest Health CEO John Theine said the situation is especially frustrating, given ...
Hospitals on life support: Report says 70% of Colorado facilities losing money
The Denver Gazette, Approved, State

Hospitals on life support: Report says 70% of Colorado facilities losing money

By Marissa Ventrelli | The Denver Gazette Nearly 70% of Colorado hospitals ended 2024 with “unsustainable” margins, according to a new financial report from the Colorado Hospital Association. Tom Rennell, the group’s senior vice president of financial policy and data analytics, said hospitals’ expenses are outpacing their revenue, as an increasing number of Colorado patients are losing their insurance coverage, partially due to the post-pandemic Medicaid unwind. “Over the last several years since the COVID times and through the high inflationary times, hospitals have been experiencing some significant econmic turbulence,” Rennell said. “We don’t have the full picture yet, but I can tell you that what we’re seeing so far in 2025 is that there has been even more of a deterioration a...