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Senate accepts conference report on S.126 to advance statewide health system reforms, including reference-based pricing and data integration
Summary
The Vermont Senate accepted and adopted the committee of conference report on S.126, approving a broad package of health system reforms that direct the Green Mountain Care Board to pursue reference-based pricing, global budgets, a statewide strategic plan and enhanced health-data interoperability.
The Vermont Senate accepted and adopted the report of the committee of conference on S.126, an act relating to health care payment and delivery system reform, approving a package of structural and operational changes intended to shift how the state pays for and organizes health care.
Conference conferees described the bill as directing the Green Mountain Care Board to pursue reference-based pricing and global hospital budgeting beginning in the late 2020s and to standardize hospital budget submissions. The report requires the board to…
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