"Given the difficult economic climate, we certainly understand the need to develop a lean state budget," says CHA President and Chief Executive Officer Steven Summer. "However, it's exactly these times when healthcare providers will be called upon to help even more uninsured individuals in need."
In 2007, Colorado hospitals incurred nearly $1.5 billion in costs in excess of payments related to charity care, bad debt, and treating Medicare- and Medicaid-insured patients. In 2006, unreimbursed costs were approximately $1.2 billion.
"As the budget process unfolds, we look forward to working with the governor and legislature to ensure that healthcare remains affordable and accessible to all, and that healthcare providers are adequately compensated for services," Summer says.
About the Colorado Hospital Association
CHA represents Colorado hospitals, private and public, that provide care and service to diverse communities throughout the state. CHA provides leadership and advocacy for its members, fosters communication, collaboration and consensus, and provides technical assistance and information about emerging tools and trends to improve patient safety, hospital efficiency and effectiveness. For more information, visit www.cha.com.