The Department of Health Care Policy and Financing, the Behavioral Health Administration and the Department of Public Health and Environment released a letter to 12 Western Slope lawmakers last week that said they had made “every effort” to assist West Springs Hospital in Grand Junction while also requiring necessary quality improvements.
Hospitals earned a combined $334 million on patient care in 2022, according to a report the Colorado Department of Health Care Policy and Financing released Monday. Facilities with 25 or fewer beds were in the red for at least the fourth straight year, losing about $115 million on providing care.
Kim Bimestefer, executive director of the Department of Health Care Policy and Financing, said 2022 was an aberration because the cost of labor increased dramatically at the same time the bond and stock markets took a beating.
The Salida Hospital District board of directors heard a presentation from April Asbury, vice president of nursing at Heart of the Rockies Regional Medical Center, on the hospitalist program during
Three Colorado hospitals that faced cash crunches in the last year are getting closer to financial recovery, but still have to make some changes to be sustainable in the long term.