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§ 25-5-4-403-1 — Colorado Law | CourtGPT
  1. Home/
  2. Laws/
  3. Colorado/
  4. Title 25.5 - Health Care Policy and Financing Administration (§§ 25.5-1-101 — 25.5-2-105)/
  5. Colorado Medical Assistance Act/
  6. Article 4 - Colorado Medical Assistance Act - General Medical Assistance/
  7. Part 4 - Providers - Reimbursement/
  8. § 25-5-4-403-1
Colorado Legal Code

§ 25-5-4-403-1

(1) For the purposes of increased payment methodology transparency, no later than March 15, 2023, and each March 15 thereafter, the state department shall: (a) Publish cost reports for community mental health centers;(b) Establish a cost-reporting template and cost-reporting schedule to assist providers in providing cost reports;(c) Redact information to maintain compliance with state and federal law including, but not limited to, personally identifying information and protected health information as necessary to protect the privacy of patients;(d) Create a publicly available website that provides insight to medicaid members, medicaid providers, and members of the public regarding behavioral health reimbursement rates. The website must include the following:(I) All completed cost reports for each behavioral health safety net provider, as defined in section 27-50-101 (7);(II) An overview of the purpose of the cost report described in this subsection (1);(III) Information on how to interpret the cost reports and where to find information in the cost reports;(IV) An overview of: (A) How reimbursement rates are determined;(B) What constitutes a reasonable and allowable cost; and(C)

terpret the cost reports and where to find information in the cost reports;(IV) An overview of: (A) How reimbursement rates are determined;(B) What constitutes a reasonable and allowable cost; and(C) How value-based payments impact reimbursement rates; and(V) The state department's plan to improve behavioral health reimbursement rates and annual updates to the plan.Added by 2022 Ch. 363, § 3, eff. 6/3/2022. For the legislative declaration in HB 22-1268, see section 1 of chapter 363, Session Laws of Colorado 2022.
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