Denver Specialty Hospital Tells Local Newspaper How It Managed to Grow in 2009

National Jewish Health, a specialty hospital for respiratory care in Denver, saw revenue grow from $149 million in 2008 to $170 million in 2009, despite the recession, according to a report by the Denver Business Journal.

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The 24-bed hospital, which has significant outpatient functions and a staff of 1,550 employees, attributes its success to several strategies:

  • Added physicians outside of pulmonology to medical staff. It brought on board four cardiologists, a gastroenterologist and an interventional pulmonologist to treat patients for pulmonary complications that spread to other parts of the body.
  • Bolstered its research efforts. The hospital obtained $56.8 million in grants in 2009, compared to $48.6 million in 2007. The whole increase is attributable to extra NIH funding from the federal stimulus bill.
  • Expanded functions. This included the hospital’s Minimally Invasive Diagnostic Center and Institute for Advanced Biomedical Imaging.
  • New clinical sites. It added new sites in south metro Denver and Highlands Ranch.
  • Capital improvements. It invested $27.8 million in projects such as new technology for CT-Scans, PET Scans and MRIs.

Read the Denver Business Journal’s report on National Jewish Health.

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