Colorado Medicaid Spend Reconciliation

Every CMS-64 service category for FY2024, and how much of each appears in this claims dataset.

31%Moderate coverage

These claims represent 30.7% of Colorado’s total Medicaid spending in FY2024, measured against the state’s own CMS-64 filing.

40% of enrollees are in comprehensive managed care, so most of their care is paid by capitation and never becomes a provider claim. The remainder is capitation, supplemental and DSH payments, Medicare premiums for dual eligibles, drug rebates and administration — none of which are claim-level. See the full reconciliation.

Total Medicaid spending, FY2024

$13,754,375,105

CMS-64 Total Net Expenditures, as Colorado filed it

Visible in claims

$4,228,198,734

30.7% of the program

Published per-enrollee spending

$990PMPM

CMS-64 total ÷ 1,157,996 avg enrollees. Both figures published by CMS — not derived from these claims.

Categories this dataset can see$10,895,529,780

Services paid as provider claims. Coverage below 100% typically means part of the category is delivered through managed care, or billed with codes this dataset does not carry.

Read the category rows as indicative, not exact. The state total above is a like-for-like comparison and is sound. Individual rows are not, because the two columns are attributed differently: claims are categorised by billing code, while the CMS-64 is categorised by the authority the state pays under. A home visit billed under a 1915(c) waiver and the same visit billed under the state plan carry identical codes, so this dataset cannot tell them apart while Colorado books them on different lines. That is why some rows exceed 100% while their neighbours sit near zero — it reflects where the state books the spending, not a discrepancy in the amount.

Service category	CMS-64 (state total)	Seen in claims	Coverage
Home & Community-Based Services	$2,626,427,188	$1,313,940,898	50%
Hospital (Inpatient & Outpatient)	$2,086,206,255	$32,786,822	2%
Prescribed Drugs	$1,529,987,135	$58,262,697	4%
Home Health	$1,147,931,650	$80,800,982	7%
Clinic Services	$1,037,512,415	$0	0%
Nursing Facility	$771,944,705	$51,127,729	7%
Dental	$455,624,181	$168,005,314	37%
Physician & Surgical	$290,947,823	$409,068,274	141%
Targeted Case Management	$253,205,879	$81,696,307	32%
FQHC & Rural Health Clinic	$243,487,660	$177,076,579	73%
School-Based Services	$183,175,597	$3,734	0%
Laboratory & Radiology	$145,406,937	$86,911,539	60%
Hospice	$67,302,821	$500,373	1%
Intermediate Care Facility (IID)	$50,829,109	$0	0%
Behavioral Health	$8,661,638	$676,984,815	7816%
Other Care Services	$5,822,034	$12,827,906	220%
Family Planning	$1,607,229	$613,556	38%
Other Practitioners	$1,150,616	$0	0%
Screening & Preventive	-$11,701,092	$27,201,880	—

Categories no claims dataset can see$2,858,845,325

These are real spending — they are simply not paid as claims to providers, so no claims-based analysis will ever contain them. This is the bulk of the difference between the two figures above.

Service category	CMS-64 (state total)
Supplemental & DSH Payments	$2,237,643,419
Managed Care Capitation	$1,517,762,991
Medicare Premiums (Duals)	$228,341,709
Other CMS-64 Lines	$62,740,116
Drug Rebates & Collections	-$1,187,642,910

The table adds up. The categories above sum to $13,754,375,105, which is Colorado’s CMS-64 Total Net Expenditures for FY2024 exactly. Every line the state filed is accounted for in one of the two tables — nothing is dropped or double-counted.

Sources: CMS-64 net expenditures from the CMS MBES/CBES quarterly expenditure reports (FY2024); enrollment from the CMS Medicaid and CHIP applications, eligibility determinations and enrollment data; managed-care share from the CMS managed care enrollment reports. Claims figures are from the public T-MSIS provider extract. Methodology.