Colorado Enacts Medicaid Rate Cut of $30 Million, but Gains $5 Million in Provider Fraud Recoveries

OPEN MINDS Weekly News Wire Strategic Health Care News On July 1, 2009, the Colorado Department of Health Care Policy and Financing (HCPF) implemented a Medicaid provider rate cut that is expected to save $30 million. The state is also aggressively pursuing Medicaid fraud, and on June 30, 2009, Colorado Attorney General John Suthers announced that the Medicaid Fraud Control Unit recovered more than $5.3 million from Medicaid fraud settlements and restitution during the fiscal year 2008-2009. The Medicaid cuts were approved by state legislators and Colorado Governor Bill Ritter in an effort to fill financial gaps in . . .