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...
