VAHHS and hospital leaders seek GMCB support for ‘Stabilization Budgets’ during budget review
Vermont Business Magazine The Vermont Association of Hospitals and Health Systems (VAHHS) urged the Green Mountain Care Board (GMCB) to approve their budgets as submitted as they prepare for hospital-by-hospital hearings with the regulatory body beginning next week. Hospitals are calling their fiscal year 2023 budget request “stabilization budgets,” as continued staffing shortages and high demand for care and historic inflation stress the system almost to a breaking point.