HB1432

Colorado HB1432 withdraws a state plan amendment related to hospital supplemental medical assistance program payments.

Colorado HB1432 mandates the withdrawal of a state plan amendment submitted to the federal Centers for Medicare and Medicaid Services. The amendment, 24-0043, sought approval for the hospital transformation program performance penalty and redistribution methodology. The bill prohibits the state department from implementing any reduction, recoupment, or redistribution of hospital supplemental medical assistance program payments under the hospital transformation program. The state department must formally withdraw the amendment and notify relevant committees within 30 days.