Green Mountain Care Board outlines phased plan for reference‑based pricing as hospitals report strained finances
At a legislative briefing Jan. 8, the Green Mountain Care Board described plans to phase in reference‑based pricing aimed at lowering commercial prices while warning that hospitals and community providers face strained reserves. Officials urged careful implementation and monitoring to avoid destabilizing services.
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The Green Mountain Care Board on Jan. 8 told a legislative committee it will move to implement reference‑based pricing for hospital services in a phased way beginning in fiscal year 2027, even as many Vermont hospitals report tight cash reserves and negative operating margins.
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