C.R.S. § 25.5-4-403.1

(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.