Colo. Rev. Stat. § 25.5-4-403.1
Providers - comprehensive community behavioral health providers - cost reporting
Colorado · Colorado Revised Statutes Title 25.5 — Health Care Policy and Financing · Status: effective
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- Colo. Rev. Stat. § 25.5-4-403.1, Providers - comprehensive community behavioral health providers - cost reporting, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2307145
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(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.