Colorado legislature approves funding for a medical school in Colorado expected to train 100+ doctors each year [Video]

DENVER (KKTV) – The funding for a proposed medical school that is expected to produce about 150 doctors each year was approved by Colorado lawmakers on Friday.

The school would mark Colorado’s third medical school and be part of the University of Northern Colorado in Greeley. Click here for more on the initiative for the Osteopathic Medical College.

The bill providing the funding changed from HB24-0196 to HB24-1231. The bill allocates $127.5 million toward construction, startup, and accreditation expenses through Certificates of Participation (COP) funding. The state will also use approximately $41 million of its statutory reserve to strategically invest in the escrow needs of the project, as required by the Commission on Osteopathic College Accreditation.

“Right now, Colorado faces a significant health care provider shortage causing lapses in care, longer wait times, and limited critical-care services in both rural and urban communities,” said Sen. Senator Kyle Mullica “As the only working nurse at the Colorado State …