GMCB August meeting schedule, hospital budget reviews

Vermont Business Magazine Hearings for Vermont hospitals have been set. The initial budget submissions by Vermont’s 14 non-profit hospitals continue the trend toward aligning health spending more closely with general economic growth, according to data made public by the Green Mountain Care Board. This fiscal year, FY18, the submissions of an aggregate Net Patient Revenue (NPR) of 3.6% (just over the 3.4% target set bythe Board; the difference equates to $4.7 million or .19% of a $2.5 billion hospital health care system in Vermont) indicate historically low rates of growth, a continued downward trend, and are in line with the GMCB's hospital budget instructions for FY18. The proposed weighted average of 2.4% is the second lowest submitted growth rate in 17 years, and follows last year’s historic 2.2% submitted rate. (SEE STORY)

Thursday, August 3rd: Board Meeting (1:00)

  • • Presentation & Discussion Regarding Early Childhood Development: Matthew Melmed, Executive Director of Zero to Three

Thursday, August 10th: Board Meeting (1:00)

  • • VITL Quarterly Update

Located in the GMCB Board Room on the 2nd Floor of the City Center Building at 89 Main Street, Montpelier VT

Tuesday, August 15th at 9:00 am: Hospital Budget Hearing

Gifford Medical Center, Copley Hospital, North Country Hospital, and Northeastern Vermont Regional Hospital

Located at Capitol Plaza – 100 State Street, Montpelier, VT

Thursday, August 17th at 9:00 am: Hospital Budget Hearing

Rutland Regional Medical Center, Brattleboro Memorial Hospital, Southwestern Vermont, and Grace Cottage Hospital

Located at Jeffords Auditorium at Castleton University – 233 South Street, Castleton, VT

Tuesday, August 22nd at 9:00 am: Hospital Budget Hearing

UVM Medical Center & Central Vermont Medical Center, Porter Medical Center, and Northwestern Medical Center

Located at Main Street Landing – 60 Lake Street, Burlington, VT

Thursday, August 24th at 9:00 am: Hospital Budget Hearing

Mt. Ascutney Hospital & Health Center and Springfield Hospital

Located at Capitol Plaza – 100 State Street, Montpelier, VT

Thursday, August 31st: Board Meeting (1:00)

  • • TBD

Reminder: All Board meeting presentations are available on the GMCB website: http://gmcboard.vermont.gov/board/meetings. Also, all topics and times listed on this agenda are approximate and subject to change during the meeting. The Board will take up each item at the conclusion of the preceding item and not necessarily at the time listed, unless the agenda specifically states that an item will commence at a time certain.

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