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Lt. governor signs legislation to provide greater flexibility in adjusting Medicaid reimbursements to nursing facilities

By Heart of the Rockies Radio  
   May 31, 2023

HB23-1228 authorizes the Department of Health Care Policy & Financing to move nursing facility reimbursement rate methodology out of state statute and into regulation over the next three years. During the COVID-19 pandemic and subsequent labor market changes, the inflexible nature of the nursing facility statute inhibited HCPF’s ability to adjust to changes in market dynamics and operational costs for nursing facilities. The updated rulemaking process will provide both the industry and HCPF more opportunity to fully discuss what may be needed and adjust reimbursement rates to meet those identified needs.

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