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Colorado Headlines

Check out all the latest healthcare news from Colorado.

Novartis to Close Manufacturing Plant in Colorado

18 October 2017

Basel, Switzerland-based Novartis has announced that it will close its Broomfield manufacturing plant over the next two years.  The move will layoff close to 450 employees. The company has experienced a slump in its generic drug market and intends to downsize those facilities dedicated to their manufacture.  Novartis intends to redirect its production efforts  to  […]

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Senators Work to Reinstate Federal Payments to Insurers

18 October 2017

With mounting opposition already at work,  a bipartisan deal was negotiated on October 17 in the Senate Health Committee to stabilize aspects of the Affordable Care Act marketplace.  Paramount in the compromise was the reinstatement of health insurance subsidies to insurers to offset a portion of individual premiums for consumers.   The deal also allows states […]

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SCL Health and Lyft Partner to Transport Patients

11 October 2017

SCL Health and Lyft, the ridesharing company, have signed a letter of agreement to provide a transportation alternative to non-emergency patients without the means to get to appointments. The program will initially serve SCL Health’s hospitals in metro Denver and accompanying clinics.  The program intends to expand these transportation services to other locations as needed. […]

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Modern Healthcare’s “Best Places to Work” – Two Colorado Companies on List

11 October 2017

Modern Healthcare’s “Best Places to Work in Healthcare” is celebrating its 10th year of recognizing outstanding employers across the country.   Two Colorado Companies have been honored with inclusion in this year’s rankings. Grand Junction-based HopeWest has been honored for the third year in a row with inclusion in the “2017 Best Places to Work in […]

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Pfizer Considers Non-prescription Products Sale

11 October 2017

Pharmaceutical giant, Pfizer, is contemplating the sale of its consumer healthcare business to concentrate its efforts on its prescription drug business.  The company has such familiar over-the-counter brands as Advil, Centrum vitamins, Chapstick and Robitussin in its “medicine chest”.   In 2016, the consumer health products unit represented about 6.5 percent of total revenues, $3.4 billion […]

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JP Morgan Downgrades DaVita

11 October 2017

On Monday, October 9,  JP Morgan downgraded DaVita Inc. stock to “underweight” from its former “neutral” ranking.  The move resulting in a 10 percent drop in DaVita shares in Monday trading. JP Morgan cited concerns over DaVita’s business dealings with the American Kidney Fund.  One of the largest national, nonprofit foundations, the American Kidney Fund […]

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President Trump Considers Signing “Stripped-down” Insurance Option

10 October 2017

President Trump hints that on Friday he may unilaterally sign a health care order that would allow consumers to purchase alternative health insurance policies that do not completely comply with regulations set forth in the “Affordable Care Act”. According to a Reuters’ article: “The expected order would allow small businesses and individuals to band together […]

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New Sr. VP Named at Lockton

10 October 2017

Lockton Benefits-Mountain West has announced the selection of Rebecca Lich as the organization’s next pharmacy practice leader and sr. vice president. A St. Louis native, Lich was the clinical director – Specialty Solutions, for St. Louis-based Express Scripts prior to joining Lockton.  She had been with Express Scripts for nearly 10 years.

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Merger Will Create Largest Private Hospital Operator in Nation

10 October 2017

Tennessee-based IASIS, operator of Pikes Peak Regional Medical Center in Woodland Park, Colo., will be acquired by Boston-based Steward Health Care System. Following regulatory approval of the acquisition, the merger would create a network of 36 hospitals across 10 states and would establish Steward as the largest private for-profit hospital operator in the country.  IASIS […]

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MEETING OF INTEREST: First Ever, Half-day Healthcare Forum Hosted by CMCC

10 October 2017

Colorado Managed Care Collaborative (CMCC) is hosting its first ever half-day healthcare forum at Children’s Hospital Colorado, Tuesday October 31st from 7:00am to 1:00pm in the main education center. The agenda is jam-packed with presentations from healthcare industry thought leaders AND includes one-on-one time with Colorado’s payor community including Aetna, Anthem, CIGNA, Denver Health Medical […]

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HCCA, publishers of the Colorado Managed Care Newsletter, began reporting on the financing of healthcare in Colorado in December of 1983. As we begin our 33rd year, we are grateful for the opportunity to be one of your sources of information in this ever-changing, healthcare market.