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Colorado Health Market Review 2015

  • ID: 3498727
  • October 2015
  • Region: United States
  • Allan Baumgarten
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Hospitals in the Denver Area Had Pre-Tax Net Income of $1.224 Billion in 2014

In the 2015 report for Colorado, the author finds:

Denver area hospital systems improved their profits again in 2014:
- Based on an analysis of Medicare cost reports, hospitals in the Denver area had pre-tax net income of $1.224 billion in 2014, or 15.6% of net patient revenue of $7.826 billion.
- They had operating income of $230.5 million plus other revenues from philanthropy, investments and government grants of $1 billion.
- HealthOne/HCA is the largest and most profitable system in the region, with 26.3% of the hospital market, based on patient revenues.
- HealthOne/HCA had net income before taxes of $676.5 million, or 32.7%% of net patient revenue, almost all from operations.
- Other hospital systems were less profitable from their operations but benefited from significant other revenues.
- The Centura hospitals in the Denver area had net income of $80.7 million (5.4% of net patient revenues) while the three SLC/Exempla hospitals had net income of $68.3 million, or 6.3% of net patient revenues.

Through a series of mergers and new hospital construction, two hospital systems now are approaching a statewide presence:
- Centura Health is adding Longmont READ MORE >

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1. Introduction

2. Market Structure

3. Health Insurance and Health Plans

4. Provider Systems

5. Trend Review

6. Health Plan Enrollment

7. Medicare and Medicaid Plans

8. Revenues and Net Income

9. Health Plan Spending and Payment

10. Health Plan Capital

11. Measures of Care Utilization and Effectiveness

12. Hospitals and Hospital Systems

13. Denver Area Hospitals

14. Revenues and Net Income

15. Occupancy and Payer Mix

16. Other Major Hospitals

17. Revenues and Net Income

18. Occupancy and Payer Mix

19. A Look Ahead

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- Centura
- SLC/Exempla

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