Hospitals Invest Substantially in their Communities
What You Need to Know:
In the most recent reporting year, Colorado hospitals invested $1.76 billion in their communities, including:
- $1.1B in uncompensated services for Medicaid patients
- $475M in free or reduced-cost health care services
- $28M in programs addressing behavioral health
- $17M in programs addressing social determinants of health
- $51M in other programs addressing community-based health care
- $92M in other investments that address community-identified needs
Colorado hospitals also:
- Gave $3.7B of subsidy and support to provide health care services for Medicare and Medicaid patients throughout the state, a 58% increase over the last six years.
- Have supported Medicaid coverage and expansion for an additional 483K Coloradans.
In the most recent reporting year, Colorado hospitals invested $1.76 billion in their communities.
Colorado Hospital Perspective:
Hospital leadership and governing bodies work closely with their local communities to determine community benefit priorities. This practice should be protected so communities can address their unique needs in partnership with hospitals rather than at the direction of state regulators. Additionally, state assessments of community benefit adequacy should account for hospitals’ broad set of investments in access to care and other health improvements. Finally, reporting requirements should be streamlined and regulatory burden minimized so hospitals are not forced to divert resources away from providing care and investing in community needs.
Hospitals in Action
Learn more on CHA’s About Hospital Finances webpage or AHA’s Benefit to Communities webpage.