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HB19-1001

Hospital Transparency Measures To Analyze Efficacy

Concerning hospital transparency measures required to analyze the efficacy of hospital delivery system reform incentive payments.
Session:
2019 Regular Session
Subject:
Health Care & Health Insurance
Bill Summary

The bill requires the department of health care policy and financing (department), in consultation with the Colorado healthcare affordability and sustainability enterprise board, to develop and prepare an annual report detailing uncompensated hospital costs and the different categories of expenditures made by hospitals in the state (hospital expenditure report). In compiling the hospital expenditure report, the department shall use publicly available data sources whenever possible. Each hospital in the state is required to make available to the department certain information, including:

  • Hospital cost reports submitted to the federal centers for medicare and medicaid services;
  • Annual audited financial statements; except that, if a hospital is part of a consolidated or combined group, the hospital may submit a consolidated or combined financial statement if the group's statement separately identifies the information for each of the group's licensed hospitals;
  • The total amount of unreimbursed care;
  • The gross patient service revenue;
  • Any property, plant, equipment, and accumulated depreciation;
  • All operating expenses;
  • Staffing information;
  • The total number of available beds and licensed beds;
  • The total number of inpatient surgeries;
  • The total number of births and newborn patient days;
  • The total number of admissions from the emergency department; and
  • Other gross charges categorized by primary care provider.The hospital expenditure report must include, but not be limited to:
  • A description of the methods of analysis and definitions of report components by payer group;
  • Uncompensated care costs by payer group; and
  • The percentage that different categories of expenses contribute to overall expenses of hospitals.

The department is required to submit the hospital expenditure report to the governor, specified committees of the general assembly, and the medical services board in the department. The department is also directed to post the hospital expenditure report on the department's website.


(Note: This summary applies to this bill as introduced.)

Status

Introduced
Under Consideration

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. C. Kennedy

Sponsor

Rep. B. Rankin

Co-sponsor

Upcoming Schedule