Marini’s firing could revive Western Plains, HSM talks

Ousted Poudre Valley CEO had halted talks on equity sale

FORT COLLINS – During his brief term as president and CEO of Poudre Valley Health System, Mike Marini terminated negotiations between Health Systems Management and Western Plains Health Network, which would have given Western Plains an equity share in the management company.

HSM is a for-profit management company formed to manage health-care delivery systems and related organizations. Poudre Valley Health Care Inc., the management company for Poudre Valley Hospital, is the controlling interest in the company, with 83 percent ownership, and HSI Health Plans Inc. owns the remaining 17 percent. But Marini’s…