Leading Stories, Articles

June 11th, 2018

Revenue to focus on increasing inpatient capacity

By Pamela Berard

The Green Mountain Care Board (GMCB) gave the go-ahead for the University of Vermont (UVM) Health Network to move forward on a project that would use the Network’s extra revenue from 2017 to increase inpatient mental health capacity in Vermont. The GMCB, established by the Vermont Legislature in 2011, is charged with reducing the rate of health care cost growth in Vermont while ensuring the state maintains a high-quality, accessible health care system. Vermont’s hospital budgets are regulated by the GMCB. When health care facilities exceed allowable budgeted net patient revenues, they are subject to review and possible regulatory action, [More]