Centura Health

Leadville Hospital To Stay Open Under New Management

Feb 4, 2015
St. Vincent Hospital
St. Vincent Hospital

It seems Lake County’s only hospital won’t be closing. A new partnership has saved St. Vincent General in Leadville.

Last November, St. Vincent Hospital announced it was planning to close in March due to financial issues. A property-tax increase that would have helped the hospital pay for much-needed repairs was turned down by voters. 

Now, things are looking better for St. Vincent General. This week the hospital’s board entered a verbal agreement with Centura Health, a Colorado-based company.

Critics of America's health care system say it's really a "sick care" system. Doctors and hospitals only get paid for treating people when they're sick.

But that's starting to change. Health insurance companies and big government payers like Medicare are starting to reward doctors and hospitals for keeping people healthy.

So, many health care companies are trying to position themselves as organizations that help people stay well.