Mountain of debt threatens future of Colorado West

RBC — Colorado West Regional Mental Health is in the business of helping people deal with their problems. But the organization has problems of its own.
“The organization has too much debt,” said Sharon Raggio, chief executive officer. “It’s way too much debt for this size of an organization, and the way the debt is structured.”
When Colorado West built a 32-bed psychiatric hospital in 2005 in Grand Junction, it was with borrowed money, money…