Colorado lawmakers propose bill to help Denver Health with volatile finances

  • 📰 DenverChannel
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Colorado lawmakers are taking “extraordinary” measures to help stabilize Denver Health’s finances by appropriating $5 million in funding. via JessicaDenver7

The hospital reported $34 million in operating losses last year, which officials attribute to uncompensated care and higher cost of care.

Lynne says their unhoused patients come in for a variety of issues, including substance abuse, mental health services, injuries and illness. Once they are treated, they have nowhere to go to recover. “We could save both the state, because it pays for Medicaid, and the city money if we weren't able to have people taken care of in a more appropriate level of care, not in a hospital,” Lynne said.Denver Health is unique in that it is one of the few safety net hospitals in the state, which may explain why about one-third of its patients come from outside Denver.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JessicaDenver7 And how much does the CEO make?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 239. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Colorado lawmakers fast-track “extraordinary” $5 million payment to shore up Denver HealthCiting lower-than-expected revenue and the enduring impacts of the pandemic, a bipartisan group of Colorado legislators are fast-tracking a $5 million payment to Denver Health to help financially s…
Source: denverpost - 🏆 13. / 72 Read more »