CO Stands To Lose $787M Under Bush Medicaid Cuts

By: Associated Press/ KKTV
By: Associated Press/ KKTV

Colorado's network of so-called safety-net hospitals be paid less for helping low-income patients and graduate medical students will lose funding under cuts to Medicaid proposed by the Bush administration.

That's according to Democratic Governor Bill Ritter and Joan Henneberry, executive director of the state Department of Health Care Policy and Financing.

All told, the state would lose $787 million in funding over five years.

Among hospitals facing cuts in funding would be Denver Health, University of Colorado Hospital in Aurora, and Memorial Hospital in Colorado Springs.

The changes would take effect in May.

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