Southwest Health System on Feb. 19 hosted an event at its hospital in Cortez to go over financials and recognize milestones it achieved in its 2024 annual report.

“When our community works together so much can be accomplished,” said hospital CEO Joe Theine. “This year’s annual report reflects on just that – the results we achieved together.”

Theine started by talking about recruiting, something he deemed a “community-wide effort.”

Seventy-seven providers took an interest in working at Southwest Health Systems last year. Of those, 12 were interviewed and the hospital made offers to eight providers. All eight offers were accepted.

“Many of the physicians have already started caring for patients,” Theine said. The rest will start this year.

Since August 2023, they’ve considered more than 100 candidates, conducted 28 interviews and made 18 offers. Seventeen were accepted.

Last year, Southwest Health System also hired its very first chief medical officer, and her name is Dr. Jennifer Gero. She started at the hospital in 2016 as a physician in the emergency department, and now, as chief medical officer, she’s “involved in the long-term decision-making for the hospital.”

Funding from the LOR Foundation and the Southwest Memorial Hospital Foundation helped the hospital purchase:

It had a net revenue of roughly $85 million, and total operating expenses of about $79.5 million. Its net income, then, was $5.15 million.

At the end of the presentation, Theine looked ahead at 2025 and beyond.

“As we look into the future there remain many uncertainties in rural health care,” he said.

Specifically with the new administration and possible cuts to Medicaid; 17% of the hospital’s budget comes from it, so Theine called those possible cuts the “biggest threat” to rural health care at a Jan. 22 Mancos Town Board meeting.

And rather than sitting back and seeing what happens, Theine said the board, staff and other leaders proactively came together “to plan for the future.”

Theine said that they plan to continue to offer “world class health care close to home,” and give patients the opportunity to establish a primary care physician. Plus, it aims to retain employees and keep updating infrastructure, among other things. Most all of its goals and growth is dependent upon the community choosing to receive care at one of its locations.

And so the report ends with a “thank you.”

“Southwest Health Systems expresses gratitude to the community, board members, and stakeholders for entrusting SHS with the care of themselves and their families in 2024.”