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A Focus on Health Costs

September 10, 2016
Tags: Budgets, ICYMI, GMCB

Over the past two weeks, Vermont’s hospitals presented their 2017 budgets to the Green Mountain Care Board. This related commentary ran in VTDigger.

 

A focus on health costs
by Todd Keating, Chief Financial Officer of the University of Vermont Health Network

"Contrary to a recent news report, industry indicators suggest that many Vermont
hospitals, including UVM Medical Center, have more work to do to improve financial
positioning, especially as we transition to global budgets and a population health
payment model.

***

We are accomplishing this work with stronger balance sheets guided by best
practices and industry standards, and by taking seriously our unique and important
community roles. From a health care and economic perspective, strong and stable
hospitals are essential for the communities we serve."

To read the full piece, click here. Link to: https://vtdigger.org/2016/08/15/todd-keating-focus-health-costs/