Tag: Intermountain Healthcare
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Colorado hospitals’ operating income dropped 50% in 2022
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The Colorado Department of Health Care Policy & Financing released its latest hospital financial transparency report, showing hospital operating income year-over-year was cut in half in 2022 — reflecting a sharp contrast over the previous seven years when patient revenue outpaced expenses. Operating income for Colorado hospitals in 2022 dropped to $981 million from $2…
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SCL Health merging with system based in Salt Lake City
Broomfield-based SCL Health, a major provider of health care in Colorado, Montana and Kansas, announced Thursday it intends to merge with Intermountain Healthcare. If approved by regulators, the merger of the two nonprofit integrated hospital networks would create a 33-hospital system with more than 58,000 caregivers and run 385 clinics across six states, including the…