Three Vermont hospitals will work together to find cost savings
Vermont Public
Three Vermont hospitals have signed on to a new partnership, agreeing to work together towards long-term sustainability.
Brattleboro Memorial Hospital, Copley Hospital in Morrisville, and Northwestern Medical Center in St. Albans have formed the New England Collaborative Health Network.
The group hopes to save money with group purchasing, and will also focus on sharing services and ensure better access to health care.
Nine out Vermont’s 14 hospitals lost money last year, and state regulators have been looking for more collaboration among health care providers to save money.
“I think we’ve all been under a lot of stress with expectations, and budget concerns, and trying to make healthcare, for the entire system, more affordable, more efficient, more collaboration,” said Copley Hospital CEO Joe Woodin.