SB 17-256

Senate Bill 17-256 deals with how Colorado reimburses hospitals. If there isn't enough money collected from a special fee charged to hospitals, the bill says that any shortfall should come from reducing what the state pays back to hospitals instead of cutting other programs. The bill also cuts $264 million in funding from a specific account used for hospital reimbursements. Since it has been signed into law, this means these changes are now official and will affect how much money hospitals receive from the state.

Official Summary

Joint Budget Committee. For the 2017-18 state fiscal year, if the amount of revenue collected from the hospital provider fee is insufficient to fully fund all of the statutory purposes for the fee, the bill requires any reduction to be taken from hospital reimbursements. The bill reduces the cash funds appropriation from the hospital provider fee in the 2017 annual general appropriation act by $264,100,000. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

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