Committee weighs reference-based pricing, global hospital budgets as bill moves through markup

Mar 13, 2025

Lawmakers and stakeholders discussed a bill to require reference-based pricing for hospital services and to phase in global hospital budgets, debating timelines, financial impacts to hospitals and alignment with federal AHEAD agreements.

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Lawmakers and agency and hospital representatives spent the March 13 Health & Welfare committee meeting discussing a bill that would require implementation of reference-based pricing for hospital services and direct the Green Mountain Care Board to establish global hospital budgets over a multi-year timeline.

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