Hospital systems in Colorado saw improved finances in 2024, but Medicaid cuts are ‘looming threat’

Medicaid cuts will massacre rural hospitals

The House Committee on Energy & Commerce has passed a budget resolution to cut > $880B over 10 years. Medicaid accounts for 93% of its spending. Nearly 40% of children living in rural communities are covered by Medicaid and CHIP, while almost 20% of...

Hospital systems in Colorado saw improved finances in 2024, but Medicaid cuts are ‘looming threat’

Hospital systems in Colorado reported an improved financial year in 2024 after rising costs made for thinner margins the previous year. Of the six hospital systems in the Denver area, only CommonSpirit Health, which owns the Catholic hospitals that formerly were part of Centura Health, reported it lost money on its operations at the national level. Operations include patient care and supportive services, such as parking or cafeteria sales, but n…

Colorado Lawmakers Reject Healthcare Price-Fixing Scheme - Taxpayers Protection Alliance

TPA Applauds Legislators for Rejecting HB 25-1174 Lawmakers in Denver, Colorado averted disaster by refusing to advance misguided legislation (HB 25-1174) being pushed by Governor Jared Polis and Democrats in the state legislature. If passed, this ill-conceived bill would have imposed a top-down healthcare price-fixing system that would have distorted the healthcare marketplace, threatening critical […]