Proposed Lease of Memorial Health System to UCH Receives Approval from Colorado Attorney General
Wednesday, August 01, 2012
Colorado Attorney General John Suthers announced today that his office has issued an opinion under the Hospital Transfer Act (C.R.S § 6-19-101, et seq.) approving the proposed lease of the Memorial Health System to University of Colorado Health.City Attorney Chris Melcher applauded today’s decision from Attorney General Suthers that the City’s Proposed Lease of the Memorial Health System operations to University of Colorado Health is in full compliance with state law, and may now proceed for voter approval. The Attorney General’s office determined that the transaction involving Memorial Hospital in Colorado Springs meets the relevant criteria of the Colorado Hospital Transfer Act and may proceed without further review by the Attorney General. The transaction will now be subject to a vote by the residents of Colorado Springs as part of a special election to occur on August 28, 2012.
“The Mayor, City Council, and UCH have worked together diligently over many months to structure a partnership that, if approved, is expected to dramatically improve health care services in our community, and provide a stable and exciting future for Memorial and the doctors, nurses, and staff who serve the patients and their families,” says City Attorney Chris Melcher. “With today’s decision by the Attorney General, the proposed lease of Memorial’s operations to UCH has been definitively cleared to proceed to the voters. Today is an exciting day for the future of our entire community, and we are gratified for a thoughtful and careful review that has confirmed our hard work.”
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