Colorado Hospitals Face Financial Challenges
A recent report by the Colorado Hospital Association found that nearly 70% of Colorado hospitals ended 2024 with "unsustainable" margins.
According to Tom Rennell, CHA's senior vice president of financial policy and data analytics,
hospitals' expenses are outpacing their revenuedue to an increasing number of patients losing insurance coverage, partly because of the post-pandemic Medicaid unwind.
- Nearly 70% of Colorado hospitals had "unsustainable" margins in 2024.
- Over 80% of rural hospitals were unable to achieve sustainable margins, a 12% increase since 2019.
Author's summary: Colorado hospitals face financial struggles.
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