Legislation Details

File #: 14-0508    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 8/6/2014 In control: City Council Work Session
On agenda: 10/27/2014 Final action: 10/27/2014
Title: Memorial Health System Enterprise Financial Report
Attachments: 1. MHS Enterprise Financial Report_10 27 14
 
 
Title
Memorial Health System Enterprise Financial Report
 
Body
 From:  
Kara Skinner, Chief Financial Officer
 
 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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 Background:
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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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