Most CO hospitals report strong profits
Most Colorado hospitals reported strong profits to the federal government for 2010, as consolidation has given them clout to demand more money from insurance companies. Mergers also have given the hospitals economies of scale and allowed them to save money on supplies. Drives for efficient, quality care also are also key reasons for the hospitals' financial strength, industry experts said. "Three systems control about two-thirds of the hospital market in Metro Denver, and HCA-HealthOne alone has about 30 percent," said industry research consultant Allan Baumgarten, who compiles the profit data in his Colorado Health Market Review.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- CA Powers Up $80M HIE to 'Create Value in the Data'
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- 3 Traits Personality Assessments Can't Reveal