The bill requires the following hospitals to complete an annual community health needs assessment and an annual community benefit implementation plan:
- A hospital that is licensed as a general hospital and exempt from federal taxation pursuant to section 501 (c)(3) of the federal internal revenue code;
- A hospital established pursuant to the Denver health and hospital authority; or
- A hospital established pursuant to the University of Colorado hospital authority.
Each such hospital must report to the department of health care policy and financing (department) concerning certain community benefits, costs, and shortfalls in the preceding year, and the department is required to submit an annual summary report to subject matter committees of the general assembly. Hospitals that are licensed as general hospitals but that are not required to report may report in like fashion.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)