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Tag: GMCB

A Focus on Health Costs

Sep 10, 2016
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…

Vermont Hospitals Continue to Reduce Net Patient Revenue Growth

Apr 07, 2017
The Green Mountain Care Board (GMCB) has released financial performance information for the state’s not-for-profit hospitals. Vermont’s hospitals contained growth in net patient revenue to 4.4% this year,…

Statement on New Green Mountain Care Board Appointments

May 24, 2017
The following statement is from Jeff Tieman, VAHHS President and CEO, regarding the appointment of two new Green Mountain Care Board members:  "On behalf of Vermont’s non-profit hospitals, the Vermont…

Statement on Green Mountain Care Board’s Decision Regarding the Green Mountain Surgery Center

Jul 11, 2017
The following statement is from Jeff Tieman, VAHHS President and CEO, regarding today's decision by the Green Mountain Care Board’s regarding the Green Mountain Surgery Center Certificate of Need Application.  "Following…

FY18 Preliminary Hospital Budgets

Jul 27, 2017
Green Mountain Care Board Outlines Preliminary Hospital Budgets Hospitals Project Net Patient Revenue Growth at 3.6% for FY18 The Green Mountain Care Board (GMCB) staff provided a preliminary report to…

Hospital Budget Hearings Begin This Week

Aug 13, 2017
Dear Friends,  This week begins the annual hospital budget presentations, an exercise in transparency that is entirely unique to our state. Earlier this month, Vermont’s 14 non-profit hospitals submitted…

Hospital Budget Hearings Complete

Aug 26, 2017
Dear Friends,  Vermont's hospitals last week concluded their budget presentations to the Green Mountain Care Board (GMCB). This unique process provides the regulator and Vermonters with a transparent…

Hospitals Participate in Budget Hearings in Montpelier, Castleton

Aug 20, 2017
VAHHS Update 8-21-17 Last week, hospitals began presenting their proposed 2018 fiscal year budgets to the Green Mountain Care Board. On average, hospital budgets showed historically low growth and reflected…