Conference committee confronts future use of global hospital budgets and reference-based pricing timeline
May 28, 2025
Committee members debated language on whether the Green Mountain Care Board should report on reference-based pricing and whether the bill should end or consider future use of global hospital budgets; the Senate version delays global budgeting to a hospital fiscal year beginning in 2028 and the committee flagged consistency and timing issues.
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Members of the health conference committee spent substantial time on language about global hospital budgets and reference-based pricing measures, as well as the timing of when any global budget approach would begin.
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