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Memorial Health System Enterprise Financial Report
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From:
Kara Skinner, Chief Financial Officer, Finance Department
Summary:
On October 1, 2012, the City of Colorado Springs executed the Memorial Health System (MHS) Operating Lease Agreement and the Integration and Affiliation Agreement by and among the City of Colorado Springs, University of Colorado Health, Poudre Valley Health Care, Inc., and UCH-MHS. The MHS Enterprise endures and is primarily a leasing enterprise.
The monthly cash flow report of revenue and expenditures is attached.
Previous Council Action:
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Financial Implications:
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Board/Commission Recommendation:
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Stakeholder Process:
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Alternatives:
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Recommended Action
Proposed Motion:
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Ordinance Language
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