HB 24-1401

House Bill 24-1401 provides $5 million in funding for the Department of Health Care Policy and Financing to support Denver Health for the fiscal year starting July 1, 2024. This money will help fund additional state payments to Denver Health, which is a major healthcare provider in Colorado. The bill was signed into law by the governor on April 18, 2024, meaning that the funding has been officially approved and will be available for use starting from that date.

Official Summary

For the 2023-24 state fiscal year, the department of health care policy and financing (department) distributed money appropriated for a supplemental state payment to the Denver health and hospital authority (Denver health). The act authorizes the department to continually distribute any money appropriated by the general assembly for payment to Denver health. For the 2024-25 state fiscal year, the act appropriates $5 million to the department for payments to Denver health. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)

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