Colorado legislators set aside $7.2 million to fund longer psychiatric hospital stays

March 29, 2024

By: Seth Klamman

Once the money’s appropriated, a waiver expanding hospital stays would need to be approved by the federal Centers for Medicare and Medicaid Services. But other states have already taken similar steps, meaning approval is likely. Much of the money set aside in the state’s budget — $5 million — is federal.

“By prioritizing funding for these Coloradans to be able to get the care they need rather than be prematurely discharged, we are saving state resources in the long run and creating healthier communities,” Vincent Atchity, the president and CEO of Mental Health Colorado, said in a statement. “Policies like this one that create a more robust system of care will help us end the costly and deadly cycles that perpetuate Colorado’s mental health crisis.”

Read the full article in The Denver Post