Colorado approved a Preceptor Bill that supports compensation for healthcare preceptors. Currently, students are required to obtain experience through clinical rotations in order to graduate from their respective programs.
Through our Student Housing Program, CAHEC connects students with host homes in our region during their clinical rotations. These generous community members who are volunteering their time to support our next generation of workers, deserve support.
This Preceptor Bill compensates these individuals. The Colorado AHECs actively worked with many different agencies, lobbyists, and state representatives to move this initiative forward. Learn more about the Preceptor Bill here.
HB19-1088 Modify Income Tax Credit Health Care Preceptors extends the existing Rural & Frontier Preceptor Tax Credit to 2022 and clarifies the length of an eligible preceptorship to 4 working weeks or 20 business days, rather than 4 calendar weeks. The credit, which was created in 2017, provides a $1,000 individual income tax credit for primary care providers, including MDs, DOs, PAs, APNs and dentists, who provide uncompensated personalized instruction, training, and supervision to one or more graduate students seeking a medical degree at a Colorado institution of higher education. A qualifying healthcare professional must be practicing in a designated rural or frontier county and must provide a certification form with their income tax return certifying that he they have satisfied the requirements for the tax credit. The credit is available to up to 200 qualifying taxpayers each year. In tax year 2017, 74 taxpayers claimed credits.