DENVER—Colorado Attorney General John Suthers announced today that his office has issued an opinion under the Hospital Transfer Act (C.R.S § 6-19-101, et seq.) relating to the proposed lease of the Memorial Health System to University of Colorado Health.
The Attorney General’s office determined that the transaction involving Memorial Hospital in Colorado Springs meets the relevant criteria of the Act and may proceed without further review by the Attorney General. The transaction will now be subject to a vote by the residents of Colorado Springs as part of a special election to occur on August 28, 2012.
The opinion is attached.