The bill addresses the provision of parenteral nutrition to Medicaid members in Colorado by:
Ensuring Adequate Reimbursement: Mandating the State Department of Health Care Policy and Financing to set policies and reimbursement levels that encourage sufficient market participation among infusion pharmacies.
Annual Reporting: Requiring the department to report annually on the adequacy of the infusion pharmacy network supplying parenteral nutrition to Medicaid members.
Parenteral nutrition is a critical service for patients unable to receive adequate nutrition through oral intake, and the bill aims to maintain and enhance access to this essential care for Medicaid beneficiaries.
Summary
Infusion pharmacies supply medicaid members with parenteral
nutrition, which provides patients with essential nutrients through an intravenous infusion.
The bill requires the state department of health care policy and
financing (state department) to ensure policies and reimbursement levels for infusion pharmacies for the preparation and dispensing of parenteral nutrition are sufficient to encourage an adequate level of market participation among infusion pharmacies.
The bill requires the state department to annually report on the
adequacy of the infusion pharmacy network that supplies parenteral nutrition to medicaid members.