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Vermont hospitals outline $330 million plan to cut costs, urge cautious policy changes
Summary
Hospital leaders told the Senate Health and Welfare Committee they eliminated $230 million in operating expenses last year, have identified another $100 million in near‑term savings and are pursuing regional transformation expected to yield further savings while stressing care access and caution on new policies.
Hospital leaders from across Vermont told a joint continuation hearing of the Senate Health and Welfare Committee and the House Health Care Committee that they have already cut hundreds of millions of dollars in operating costs and are pursuing further savings while trying to preserve access to care.
Mike DelTreco, president of the Vermont Association of Hospitals and Health Systems, said hospitals submitted 2026 budgets that met Green Mountain Care Board guidance and that hospitals statewide eliminated $230,000,000 in operating expenses in one year. He said his association identified three pillars of work: initial budget reductions, an additional $100,000,000 in operational savings identified with national consultant Kaufman Hall to be achieved over two years, and ongoing regionalization and transformation work…
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