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UCHealth takes stake in Colorado Springs, Broomfield hospitals, freestanding ERs it didn’t already own

Deal with bankrupt Adeptus Health gives health network full control of clinics, hospitals

PUBLISHED: | UPDATED:
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The new UCHealth Broomfield Hospital, pictured here, is open and accepting patients.

UCHealth is going all in on the concept of freestanding emergency rooms.

The fast-growing hospital system, which leases Colorado Springs’ Memorial Hospital, and two boutique hospitals it operated in a partnership with Texas-based Adeptus Health, including Grandview Hospital in Colorado Springs and .

The move comes as part of Adeptus’ . The company, based in a suburb of Dallas, was acquired in October by New York-based Deerfield Management Co.

UCHealth was a majority owner in the hospitals and ERs and acquired Adeptus’ stake, UCHealth spokesman Dan Weaver said. Terms of the transaction, which was completed earlier this month, were not disclosed.

Under the partnership, UCHealth employed most of the staff at the Colorado Springs and Broomfield boutique hospitals, while Adeptus mostly employed staff at the freestanding ERs, Weaver said.

All of the Adeptus employees — numbering “a few hundred” — are expected to be hired by UCHealth, Weaver said.

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