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Conference committee considers re‑adding global hospital budgets, sets fiscal-year timelines

3548040 · May 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee members reviewed Senate language that would restore global hospital budgets to the bill, confirmed reference‑based pricing timelines and debated which agencies will lead planning and resource needs.

Members of the continuing conference committee reviewed a Senate proposal that would restore global hospital budgets to the health‑care reform bill and clarified target implementation dates for reference‑based pricing and budgets.

The proposal keeps the House draft as the underlying document while adding back Senate language that would: establish reference‑based pricing in hospital fiscal year 2027; require at least one non‑critical access hospital to enter global budgeting by hospital fiscal year 2028; and phase in global hospital budgets for all Vermont hospitals by hospital fiscal year 2030, "to the extent that resources are…

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