DENVER ~ In a surprising announcement today, Governor Jared Polis revealed that Kim Bimestefer, the Executive Director of the Department of Health Care Policy and Financing (HCPF), will be stepping down from her position in state government. Bimestefer has been in this role since January 2018, serving under both Governors Hickenlooper and Polis. She is the longest-serving HCPF Executive Director, having dedicated nine years to the position. Her last day will be on April 10.

Governor Polis expressed his gratitude for Bimestefer's dedication and passion for improving health care in Colorado. He commended her for her efforts to reduce health care costs and increase efficiency in the state. Under her leadership, Colorado has made significant strides in increasing price transparency, lowering hospital and prescription drug costs, and holding the health care industry accountable. The governor also acknowledged that Bimestefer's legacy will continue to have a positive impact on health care in Colorado.

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During her time as Executive Director, Bimestefer focused on improving Medicaid oversight and access for members. She successfully increased member network access by over 50% and achieved historic satisfaction rates for both members and providers. She also implemented cost trend systems to assist with budget decisions and played a crucial role in the state's response to the COVID-19 pandemic by protecting those covered by Medicaid and the Children's Health Insurance Program.

In a statement, Bimestefer expressed her gratitude for the opportunity to serve as Executive Director of HCPF and as a member of Governor Polis' Cabinet and Lt. Governor Primavera's Health Cabinet. She described this chapter of her career as the most important and meaningful one yet, highlighting her dedication to helping Coloradans receive necessary care during difficult times. Bimestefer also expressed confidence in her successor's ability to continue navigating challenges with the support of HCPF leaders and staff under Governor Polis' and Lt. Governor Primavera's leadership.

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Bimestefer brings over 20 years of experience as a health care CEO or President to her role at HCPF. She has worked in various organizations, including not-for-profit, publicly-traded, and sole-proprietorship companies. Prior to joining HCPF, Bimestefer served as the local Board Chair, President, and General Manager for Cigna Mountain States. She also founded and developed a $10 billion segment within Cigna that focused on strategy, growth, earnings, and product development for the Taft-Hartley and Federal Employee Health Plan markets. Bimestefer's impressive career includes three successful start-ups and five organizational turnarounds. She has received numerous industry awards and recognition for her contributions to the health care sector.

As Bimestefer prepares to move on from her role at HCPF, she leaves behind a legacy of dedication and commitment to improving health care in Colorado. Her successor will have big shoes to fill but will have the support of HCPF leaders and staff as they continue navigating the challenging terrain ahead under Governor Polis' and Lt. Governor Primavera's leadership.

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