The Department of Health Care Policy and Financing has finalized a new rule after public comment to establish the basis for submitting medical and pharmacy claims and eligibility and provider data to the Colorado All-Payer Claims Database. The purpose of the rule is to facilitate the reporting of health care and health quality data. Reporting to the database allows public and private health care purchasers, consumers, and data analysts to identify and compare health plans, insurers, care facilities, and care providers regarding the provision of safe, cost effective, and high quality health care services in the state.
The new rule includes term definitions, reporting requirements, and penalties for noncompliance.
A hearing on the finalized rule will be held on Wednesday, August 24, 2011 at the Capitol Center, 225 E. 16th Ave., 6th Floor, Denver, Colorado 80203, beginning at 8:30 am.