Memorial Health System: Possible Restructure or Sale

By: KKTV 11 News Email
By: KKTV 11 News Email

City council members, Memorial Health Systems and the public met Wednesday to discuss the possible sale of Memorial Hospital.

Memorial's C.E.O., Dr. Larry McEvoy said, the hospital and the city want to evaluate the governance of the hospital.

The city and Memorial officials decided to enlist the help of a community committee to evaluate how Memorial Health System is run and bring any ideas to council for possible changes.

Colorado Springs City Councilman Scott Hente told 11 News the committee findings may not bring changes for the hospital or may change everything, including ownership.

The community committee will be chosen by the end of January and will have about six to nine months before it needs to report to city council.

A spokesperson for Memorial confirms the hospital lost nearly $32 million in 2008. However, in the summer of 2009, Memorial was $14 million in the black.

Rough estimates predict that Memorial is seeking between $250 million and $400 million in a sale.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Shelby Location: colorado Springs on Feb 12, 2010 at 10:39 AM
    You really think Memorial cares about you! They dont like Penrose they are only concerned with the bottom line. They are phasing out the use of nurses assistants and letting the role of care giving to fall on the nurses shoulders with no help!! So when your call light goes unanswered for 30 minutes and you cant get to the bathroom its not the nurses fault. The RN has no help and is caring for 6-7 patients at a time. Meanwhile management is not sticking up for the caregivers , instead they are trying to save their jobs and telling the nurses to "try harder" and work faster, do more!!! You better hope that when you are in Memorial that your nurse doesnt have anyone sicker than you or you will not get the care you deserve , they will be too busy! And as far as budget cuts goes memorial is short staffing and hiring more mngmt .
  • by a!r Location: cos on Jan 8, 2010 at 03:13 AM
    cute the top of the totem pole off and let the rest fix it cause they actually care
  • by Paula Location: colo spgs on Jan 6, 2010 at 02:59 PM
    Memorial Hospital employees are caring and concerned about their patients. Upper management has done a lot of things the wrong way but are trying to smooth things out. Employees have given up raises, and taken days off to help the hospital. I pick Memorial over Penrose any day of the week!!!! To sell this hospital would be one of the dumbest moves yet. Who do you think will pay for indigent care, YOU will! YOUR taxes will have to go up to cover the cost. So sell the hospital and then look in the mirror and ask...what have I done!
  • by $$ on Jan 6, 2010 at 01:04 PM
    Interesting and interested, put a investment package together for the sale, oh but wait, the DEMO-nic healthcare bill might pass!! and the hospital will be in a perpetual loss and lines of patients out through the main gates.
  • by $$ on Jan 6, 2010 at 01:02 PM
    Interesting and interested to put an investment package together for the sale
  • by phantom Location: cos on Jan 6, 2010 at 12:39 PM
    Sell Memorial then we don't have to shell thousands for indigents, drunks 7 drug seekers that won't pay the bills
  • by N Location: Colorado Springs on Jan 6, 2010 at 12:37 PM
    The care level at this hospital is the best my family has recieved in this town. It would be a shame to loose that level of care. In my experience, penrose has been more concerned with the business of the hospital than the level of care there patients recieve. There are select nurses and doctors at the other hospitals that exceed the norm, but overall we've had a much better experience at memorial north. If they do sell it, hopefully they can maintain the level of service they currently offer.
  • by S Location: COS on Jan 6, 2010 at 09:50 AM
    Maybe hospital officials should be running the city! If they were in the red $32 million a year ago and managed to pull themselves into the black by $14 million by summer 2009, that says something! They have not received 1 lousy penny from the city for help and yet people continue to condemn the hospital for costing the city money! If they sell the hospital, that money goes toward health care and cannot be used to help the city "powers that be" recover from the mess they have gotten themselves in to! This city needs this hospital. Look at the homeless, the drunks and frequent flyers that come into the ED for routine care. It's pathetic! Do you think Penrose is going to pick up the slack? Heck no! Memorial operates on it's own profits and in turn gives back to the citizens of this community. MH's present governing leadership has brought this hospital from a laughing stock to a productive, caring organization - caring about it's patrons, patients and employees alike.
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