Senate Bill 23-223 Summary

• Amends the annual report deadline for the Department of Health Care Policy and Financing's Medicaid provider rate review from November 1, 2025 to November 1, 2023, with annual reports due each November 1 thereafter

• Requires the department to submit written reports to the Joint Budget Committee and advisory committee containing analysis of provider rates reviewed, information from quarterly public meetings, and supporting data

• Directs the Joint Budget Committee to consider the department's recommendations on all reviewed provider rates when formulating the department's budget

• Sets effective date of May 1, 2025 for the amended reporting requirement and April 30, 2023 for the underlying provider rate review analysis requirement

• Declares the act necessary for immediate preservation of public peace, health, or safety