Bill > HB1086

This bill aims to address the significant financial challenges faced by safety net hospitals, particularly Denver Health and Hospital Authority, which is the largest safety net hospital in Colorado. The key provisions include: 1) Authorizing the Department of Health Care Policy and Financing to assist safety net hospitals like Denver Health in becoming financially stable, given their increasing uncompensated care costs, staffing expenses, and stagnating public funding. 2) Requiring the state to offer a direct contract for physical health care services with the Managed Care Organization (MCO) operated by or under the control of Denver Health and Hospital Authority from July 1, 2025 to June 30, 2032, as long as the MCO meets all required criteria. This ensures continued collaboration between Denver Health and the state's designated Managed Care Entity for behavioral health services. 3) Removing the June 30, 2024 repeal date for the state's supplemental payment to Denver Health and Hospital Authority, allowing this financial support to continue. The bill aims to preserve the financial stability of Denver Health, which serves as a critical safety net provider for Coloradans, particularly the uninsured, underinsured, and those with mental health needs.

Health and Social Services

https://leg.colorado.gov/bills/hb24-1086