Memorial Health System, which is owned and operated by the city of Colorado Springs (Colo.), plans to convert from a city enterprise into a community non-profit, despite a recent meeting with HCA-Health One about the possible purchase of the hospital, according to a KKTV report.
Memorial Health CEO Larry McEvoy disclosed he had met with HCA-Health One to explore the option of selling the hospital to a for-profit system. However, he ultimately supports the recommendations of an independent Citizens' Commission, which supported the non-profit option.
The city council will now vote on whether to approve the commission's recommendations. If approved, the conversion would require a vote be city residents.
Read the KKTV report on Memorial Health System.
Read more coverage on Colorado hospitals:
- Colorado's St. Thomas More Hospital Names Chief Administrative Officer
- CEO of Colorado's St. Anthony Central Hospital Resigns
- CEO of Denver's Presbyterian/St. Luke's Discusses Opening of Rocky Mountain Hospital for Children: Q&A With Mimi Roberson
Memorial Health CEO Larry McEvoy disclosed he had met with HCA-Health One to explore the option of selling the hospital to a for-profit system. However, he ultimately supports the recommendations of an independent Citizens' Commission, which supported the non-profit option.
The city council will now vote on whether to approve the commission's recommendations. If approved, the conversion would require a vote be city residents.
Read the KKTV report on Memorial Health System.
Read more coverage on Colorado hospitals:
- Colorado's St. Thomas More Hospital Names Chief Administrative Officer
- CEO of Colorado's St. Anthony Central Hospital Resigns
- CEO of Denver's Presbyterian/St. Luke's Discusses Opening of Rocky Mountain Hospital for Children: Q&A With Mimi Roberson
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