Due to State Medicaid Payment Delays, Colorado Health Foundation Offering Short-Term Loans

OPEN MINDS Weekly News Wire Strategic Health Care News On June 18, 2010, the Colorado Health Foundation (TCHF) started a program to make $3 million in short-term loans available to 277 non-profit health care organizations in the state who are experiencing financial problems due to a state delay in Medicaid reimbursements. To date, no eligible TCHF grantees have applied for the loans. On June 9, 2010, the Colorado Department of Health Care Policy and Financing (HCPF), which administers Medicaid, announced it planned to delay $38 million in Medicaid payments scheduled for June 25 and July 2 until after . . .