The industry is undergoing a number of changes in

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Unformatted text preview: number of changes in Colorado. Hospitals have consolidated ownership, such as the $1.4 billion buyout by the HCA-Health One Hospital System of the 40% stake owned by the Colorado Health Foundation. Mergers, under the form of operating agreements, have been concluded between the University of Colorado Hospital and Poudre Valley Health System. Citizens of Colorado Springs are considering ownership and management issues of Memorial Hospital, a city-owned institution. In addition, hospitals have been acquiring physician practices in a manner reminiscent of the activity in the early 1990s. For example, Poudre Valley Health System now employs 200 physicians, and Exempla has acquired a cardiology practice in addition to its primary care physicians. Physician acquisitions are also reported by Centura Health, as well as the joint operating agreements in place with outpatient surgical centers. In part, these changes have been linked to the PPACA legislation. A key tenant of health reform is reducing growth in federal healthcare spending. Reductions will be in the form...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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