Tom Rennell News Today

Most Colorado hospital systems had a profitable start to 2024, a financial rebound following a difficult year when expenses grew faster than their incomes.

Most Colorado hospital systems had a profitable start to 2024, a financial rebound following a difficult year when expenses grew faster than their incomes.

A plan to convert a former Cape Cod nursing home into a “family transitional shelter” is sparking concerns from residents around whether the facility will be turned over to migrants.

More than half of Colorado hospitals have posted all consumer price information required by the federal government, but others still have more work to do toward full transparency, according to a new state report.

Colorado hospitals saw a significant decrease in profits in 2022.

More than half of Colorado hospitals have posted all consumer price information required by the federal government, but others still have more work to do toward full transparency, according to a new state report.

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.

Cigna, Elevance Health, Kaiser Permanente and UnitedHealth Group are among the health insurance companies set to offer lower-cost Colorado Option plans on the state's exchange marketplace next year.

Most health insurance companies say they can't lower monthly premiums to the level spelled out in the Colorado Option, but advocates think they could reach deals to get closer as public hearings near.