Published in Health Business Week, May 14th, 2004
Patricia Gabow, chief executive of Denver Health Medical Center, said the pace of financial losses has slowed. Denver Health lost just $93,000 in the first 3 months of 2004, compared with $5.4 million in the first 4 months of 2003. But she said the cost of caring for the uninsured rose to $240 million in 2003 and prescription costs are skyrocketing. The cost of charity care has risen $87 million in 3 years, but the revenue to support it has risen just $14 million.
Denver Health is...
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