Banner to bid on Springs’ Memorial Health

COLORADO SPRINGS — Phoenix-based Banner Health System intends to submit a bid on a 40-year lease of Memorial Health System in Colorado Springs, but whether Poudre Valley Health System in Fort Collins will do so remains an open question.

While PVHS has expressed interest in having a relationship with Memorial, its ongoing development of a joint operating agreement with Aurora-based University of Colorado Hospital may prevent that from happening.

PVHS and UCH announced their intent to collaborate under a JOA in June. Since then, officials from both systems have been working to finalize details of the agreement.

Rulon Stacey, PVHS president and CEO,…