Colorado

Mar 26, 2010 3:51 PM by David Ortiviz

UPDATE: How will health care reform impact hospitals?

I just got back from the field. Here's what I found out. The new health care legislation could save hospitals tens of millions of dollars. In 2014, a mandate will kick in, requiring every American be insured. Right now the major hospitals in Southern Colorado treat patients, even if they don't have health insurance. The hospitals pick up the tab. They call it "charity care" or "uncompensated care."

Here's how much money each hospital spent last year in charity or uncompensated care:

Colorado Springs

Penrose St. Francis Health Services
$63 million

Memorial Health System
$70 million

Pueblo

Parkview Medical Center
$60 million

St. Mary-Corwin Medical Center
$40 million

"Those sorts of deficits for the hospital are hard to sustain, so we're looking forward to the time when everybody would have some level of insurance," said Rob Ryder, President and CEO of St. Mary-Corwin Medical Center in Pueblo.

I'm still writing the story. I'll have more to come.

 

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