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Front Range hospitals grow while Colorado's rural hospitals, Denver Health struggle financially

By CBS News Colorado  
   January 21, 2025

The Department of Health Care Policy and Financing released a report on the financial health of Colorado's hospitals. While some are showing financial strength, others appear to be struggling. The 2025 Hospital Financial Transparency Report shows that much of the hospital industry in Colorado is healthy, but this isn't the case for everyone. Denver Health, Colorado's largest safety net hospital, critical access and rural hospitals are facing financial pressures. Most of the $1.5 billion in profits in 2023 were concentrated in urban, nonprofit tax-exempt hospitals. The department said about one-third of Colorado hospitals, including many rural hospitals and Denver Health, saw negative profit margins. From 2022 to 2023 Colorado hospitals' patient revenues grew by 4.8%, but higher labor costs, supply chain expenses and inflation growth have narrowed profit margins.

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