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.

The full story

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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