Tag: Kim Bimestefer
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Gov. Polis names new leaders for Colorado health agencies in wake of Medicaid turmoil
Gov. Jared Polis, on Thursday, announced he was appointing Gretchen Hammer to serve as acting executive director of the Colorado Department of Health Care Policy and Financing, and deputy executive director Stephanie Beasley to become the next commissioner of the Behavioral Health Administration. Hammer’s nomination will have to be confirmed by the state Senate. As…
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Under fire from legislators and critics, Colorado’s top Medicaid official resigns
Colorado’s top Medicaid official stepped down on Monday, just as a bipartisan bloc of state senators prepared to formally urge Gov. Jared Polis to remove her over what they called years of mismanagement, waste and costly errors inside the state’s largest agency. One legislator seeking the resignation of Kim Bimestefer, executive direct or of the…
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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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Colorado’s wealthiest hospitals favored in $1.2 billion COVID bailout
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Three years ago, as a mysterious and deadly virus called COVID-19 began to take hold in Colorado, hospital executives in the state scrambled to formulate plans, meeting weekly — sometimes daily — with elected officials, public health experts and with each other to get ahead of the coming storm they feared could overwhelm and financially…