‘Tip of the iceberg:’ What Colorado Governor’s Cut to Medicaid Reimbursement Rates Means for Health Care Providers

‘Tip of the iceberg:’ What Colorado governor’s cut to Medicaid reimbursement rates means for health care providers

Colorado health care providers — already bracing for future upheaval as a result of federal policy changes — will now have to contend with less revenue this year and next after Gov. Jared Polis issued a suite of spending cuts.  Polis last week signed an executive order containing more than $100 million in cuts and $147 million in redirected funds for the current fiscal year to help close a nearly $800 million budget deficit. The deficit was caus…

‘Tip of the iceberg’: What Gov. Polis’s cut to Medicaid reimbursement rates means for Colorado health care providers

Colorado health care providers, already bracing for future upheaval as a result of federal policy changes, will now have to contend with less revenue this year and next after Gov. Jared Polis issued a suite of spending cuts.  Polis last week signed an executive order containing more than $100 million in cuts and $147 million in redirected funds for the current fiscal year to help close a nearly $800 million budget deficit. The deficit was caused…