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The Colorado Sun — johningold coloradosun. Hospital representatives on a little-known state Medicaid board revolted Tuesday and refused to endorse a government report that argues Colorado hospitals have reaped billions of dollars in extra revenues by ratcheting up prices on people with private insurance. In Colorado, Medicare and Medicaid each pay hospitals 69 cents on the dollar for what a service actually costs. MORE: As their revenues grew, Colorado hospitals pushed costs onto privately insured patients and reaped billions, according to a new state report. Those prices get passed on to patients in the form of higher insurance premiums and out-of-pocket costs.
The operational review mentioned in Step 1 has been complete, and during this process it was found that there are far more initiatives working towards systems change across the State than originally anticipated. As a result, the timing of the white paper Step 2 was moved forward and refocused to discuss how the new assessment process might support proposed systems change efforts. As a result, the Department has decided on the tools that they will be using as models to develop their own tool Step 3 , and the draft assessment tool has been developed Step 4. The tool has gone through rigorous review with the State and stakeholders over the course of dozens of meetings. The pilot Step 5 will occur when a final iteration of the FASI tool is available anticipated date of late
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