Rural Support Fund
Beginning with Federal Fiscal Year (FFY) 2020-2021, funding for rural support payments will be $12,000,000 annually for each of five years equaling $60 million in total funding. 23 hospitals with the lowest revenues or reserves qualified for the Rural Support Fund.
For each qualified hospital, the annual payment is equal to $12,000,000 divided by the total number of qualified hospitals (approximately $523k per hospital). The funds for FFY 2020-2021 were distributed in August and September after the Centers for Medicare & Medicaid Services (CMS) approval of the State Plan Amendment. Rural Support Funds in subsequent years will be disbursed in monthly installments as part of the Colorado Hospital Affordability and Sustainability Enterprise (CHASE) fee and supplemental payment program.
Hospitals were given guidance on how these funds should be used to align with HTP goals and each hospital submitted an attestation form detailing the use of the funds. Attestation will be required for each subsequent year summarizing how the funds were utilized and how future funds will be allocated. The HTP Rural Support Fund webpage on the Department website includes additional information about hospitals participating in the Rural Support Fund as well as mechanisms of the fund.
The Department is working on the attestation process for the second year of the Rural Support Program. We are planning a webinar for the end of January 2022 or early February 2022 that will coincide with any stakeholder engagement meetings hosted for HTP and/or hospital rates. Please stay tuned for any future communication that details the webinar. Attendance will ensure qualified hospitals' success in reporting requirements to continue receiving the rural support funding. Any questions can be directed to hcpf_RSF@state.co.us.