Clarifying Recent Media Reports from June 2025
I want to take a moment to address some concerns that have surfaced recently due to media reports, particularly from The Denver Post and other outlets, that inaccurately included Grand River Health among hospitals at risk of closure under the proposed “One Big Beautiful Bill Act” (H.R.1).
Let me be very clear: these reports are incorrect and do not reflect our financial position or future.
The reports referenced an analysis conducted by the Cecil G. Sheps Center for Health Services Research at the University of North Carolina at Chapel Hill, commissioned by Senate Democrats earlier this month. This study used specific criteria to identify at-risk hospitals, including having negative operating margins for the past three years. Grand River Health does not meet those criteria. In fact, we have maintained positive operating margins throughout that period.
2024 was a record year for Grand River Health, and we are well-prepared to navigate the expected reduction in property tax revenue. 2025 is already off to an excellent start, and that is thanks to our amazing staff and their commitment, work ethic, a passion for delivering excellent care.
The report also examined hospitals with higher-than-average Medicaid patient populations. While the national average is 20%, and Colorado averages about 25%, Grand River Health serves a Medicaid population of approximately 17%. Well below both the state and national averages.
Grand River Health operates under our Four Financial Principles for Success. These guide our entire operations:
- Short- and Long-Term Planning: It is important to develop annual operating budgets, and long range capital planning, so that Grand River can stay on track and be prepared for the future.
- Debt: Excessive debt can cripple an organization it is important to properly manage Grand River’s debt load. Currently Grand River Hospital District currently carries no significant debt.
- Days Cash on Hand: It is imperative both for individuals and organization to carry a minimum of 6 months worth of Cash reserves to that unexpected problems and issues can be handled, We are slightly above the 180 days of cash on hand that our Board of Directors has instructed us to maintain.
- Cost-Efficient Mindset: It is very important that we use our money as efficiently and wisely as possible, every department has done a tremendous job improving their processes and reducing unnecessary costs, helping us remain financially resilient.
Yes, like all rural hospitals, we are closely watching policy developments and advocating for smart, sustainable funding solutions. But rest assured, Grand River Health is financially strong, fully operational, and committed to growing and enhancing our services, not cutting them. We have no plans to close or reduce services. On the contrary, we are actively exploring ways to expand care to better meet the needs of our community.
For more than 63 years, Grand River Health has proudly served Western Garfield County. We will continue to adapt, advocate, and lead in rural healthcare to ensure our community remains healthy and supported.
Grand River Health continues to rely on our valued team members to care for the health of our communities. Their contributions continue to be a critical element of our financial success and is a direct result of their hard work and dedication.
With appreciation,
Jim Coombs
Chief Executive Officer
Grand River Health
