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

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
On Sunday, 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 article from MSN discusses the financial disparities among Colorado hospitals, highlighting that while hospitals along the Front Range are expanding, rural hospitals and Denver Health are facing significant financial challenges. Denver Health, in particular, is experiencing a financial crisis, with a projected $125 million deficit, leading to considerations of service cuts and staff layoffs. This situation is attributed to a combination of factors including the end of federal COVID-19 relief funds, increased costs due to inflation, and a surge in uncompensated care for undocumented immigrants. Meanwhile, rural hospitals are also struggling, with many operating at a loss due to low patient volumes, high operational costs, and inadequate reimbursements from government health programs. The contrast is stark with urban hospitals like those in the Front Range, which benefit from higher patient volumes and more lucrative service lines, allowing them to invest in growth and new facilities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/health/other/front-range-hospitals-grow-while-colorado-s-rural-hospitals-denver-health-struggle-financially/ar-AA1xyDsE ]