C.R.S. § 25.5-4-403.1
25.5-4-403.1. Providers - community mental health centers - cost reporting
25.5-4-403.1. Providers - community mental health centers - cost reporting. (1) For the purposes of increased payment methodology transparency, no later than March 15, 2023, and each March 15 thereafter, the state department shall:
(a) Publish cost reports for community mental health centers;
(b) Establish a cost-reporting template and cost-reporting schedule to assist providers in providing cost reports;
(c) Redact information to maintain compliance with state and federal law including, but not limited to, personally identifying information and protected health information as necessary to protect the privacy of patients;
(d) Create a publicly available website that provides insight to medicaid members, medicaid providers, and members of the public regarding behavioral health reimbursement rates. The website must include the following:
(I) All completed cost reports for each behavioral health safety net provider, as defined in section 27-50-101 (7);
(II) An overview of the purpose of the cost report described in this subsection (1);
(III) Information on how to interpret the cost reports and where to find information in the cost reports;
(IV) An overview of:
(A) How reimbursement rates are determined;
(B) What constitutes a reasonable and allowable cost; and
(C) How value-based payments impact reimbursement rates; and
(V) The state department's plan to improve behavioral health reimbursement rates and annual updates to the plan.