In order to invest in new equipment and technology to provide the best care, hospitals need sustainable finances. Less than half of our hospitals in Colorado do. https://www.beckershospitalreview.com/finance/colorado-hospital-margins-49-below-pre-pandemic-levels.html #copolitics #coleg
In Colorado, hospitals are seeing costs more than 21% higher than pre-pandemic levels – adding up to $2 billion in increased expenses. Here's just one example of how inflation is impacting the care available to Coloradans:
https://www.durangoherald.com/articles/southwest-memorial-hospital-upgrades-on-hold/ #copolitics #coleg
In Colorado, the average total margin for hospitals is just 0.2% – a dangerous trend for health care in our state.
Check out this story from 9News to see how this trend impacts those living in rural communities: https://www.9news.com/article/news/local/next/next-with-kyle-clark/money-colorado-hospitals/73-131a5e0c-d1f0-4e7b-a079-a71300091b95
While stimulus support helped keep many hospitals afloat in 2020, 2022 operating margins are half of what hospitals had before the pandemic. Only half of Colorado hospitals have operating margins that are sustainable. http://bit.ly/2022hospitalfinances
2022 was a perilous year for hospitals. Across the state, our hospitals shouldered $1.8 billion in losses last year. Learn more about why 2022 was so hard on hospitals: http://bit.ly/2022hospitalfinances
Responding faster: Advancements in technology allow hospitals to respond to patient emergencies sooner. UCHealth’s investment in a telehealth program cut their code blues by 70%. http://ow.ly/BJtG50Mm76b
Access for families: Colorado hospitals are focused on bringing health care access to areas that need it most. Check out this story from Children’s Hospital Colorado on opening the first pediatric-only ORs in Colorado Springs https://www.fox21news.com/give/childrens-hospital-provides-access-to-care-for-kids/
Of Colorado's 55 acute care hospitals, the 38 mentioned in this article – about 70% – shouldered hundreds of millions of dollars in losses last year, with many others in the same boat. Learn more about the financial pressures hospitals are facing 👇https://coloradosun.com/2023/01/03/colorado-hospital-profits-downturn-uchealth/
Working as a team: Responding to emergencies in our communities involves more than just hospitals. Hospitals are heavily involved in each of the state’s nine regional Healthcare Coalitions, which bring together providers of all types to prepare for emergencies in our communities.
It takes big teams of dedicated people to keep our hospitals open and ready to care for patients every single day of the year. To Colorado's 96k hospital employees – especially those giving up time with friends and family to care for patients – happy holidays!
It has been 1,000 days since COVID-19 first arrived in Colorado, and hospitals across the state continue to battle respiratory disease in many forms. Help keep yourself and others safe this holiday season by wearing a mask when you feel sick.
Prioritizing progress: Health care performance in Colorado improved across 16 key indicators measured by the Commonwealth Fund in its 2022 State Health System Scorecard, including hospital measures like potentially avoidable ED visits and preventable hospitalizations. #coleg
It has been 1,000 days since COVID-19 first arrived in Colorado, and hospitals continue to brave challenges unlike any they've seen before. Remember to take simple steps to help control the spread of RSV, flu, and COVID-19 this season.
And this story highlights the team at @CenturaHealth Penrose Hospital that treated multiple victims from the Club Q shooting. We are grateful to the hospital workers and first responders who once again used their heroic skills to save lives: http://ow.ly/okIZ50LRSgM
We continue to grieve with others around the state after the Club Q shooting in Colorado Springs. This look at how @uchealth Memorial Hospital responded and saved lives shows how hospitals are here for our communities, even in the worst circumstances. http://ow.ly/BgRB50LRRRt