Colo. Rev. Stat. § 25.5-4-403.1
Providers - comprehensive community behavioral health providers - cost reporting.
Effective Aug 6, 2025L. 2022: Entire section added, (HB 22-1268), ch. 363, p. 2598, § 3, effective June 3. L. 2025: (1)(a) amended, (HB 25-1326), ch. 309, p. 1611, § 4, effective August 6.
(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 comprehensive community behavioral health providers, as defined in section 27-50-101;
- (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) 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.
Source: L. 2022: Entire section added, (HB 22-1268), ch. 363, p. 2598, § 3, effective June 3. L. 2025: (1)(a) amended, (HB 25-1326), ch. 309, p. 1611, § 4, effective August 6.
Cross references: For the legislative declaration in HB 22-1268, see section 1 of chapter 363, Session Laws of Colorado 2022.