It is a joint operating company between the University of Colorado Hospital Authority (a state government agency) and Poudre Valley Health.

[9] University of Colorado Health was formed on January 31, 2012 (doing business as UCHealth since 2014), as a joint operating company between the authority and Poudre Valley Health (of Poudre Valley Hospital).

[5] In August 2012, voters in Colorado Springs approved a special election measure to allow UCHealth to lease and operate Memorial Hospital.

Located in Broomfield, Colorado, the hospital has 18 inpatient rooms and a 4-bed intensive care unit.

[30] In 2021, UCHealth was named the first-place winner in Healthcare Innovation's Innovator Awards program for 2021 for expanded their Virtual Health Center concept to facilitate a sepsis early-warning system with the goal of improving patient outcomes.