Annual Hospital Budget Review Process
Vermont’s hospitals must operate within the budgets established by the Commissioner that is accomplished through the annual hospital budget review process. The Division of Health Care Administration has adopted the Uniform Reporting Manual & Supplement. These documents are necessary to assure that the budgets under review by the Health Care Administration and the Public Oversight Commission are based on uniform definitions and accounting practices.
The Uniform Reporting Manual is utilized to report hospital budget information to support the annual hospital budget reviews and the Certificate of Need process. This manual is updated annually.
The Uniform Reporting Manual Supplement is intended to establish a foundation for uniform reporting by hospitals. Certain basic principles and concepts are identified throughout the manual. The manual is designed to be changed and updated as necessary for changes in the review process and/or industry practices. These documents reflect input from the Division of Health Care Administration and all of the Vermont acute care hospitals, along with other organizations and individuals.
| Facility | Requested Rate Increase | Revised Rate Increase |
|---|---|---|
| Brattleboro Memorial Hospital | 6.3% | 6.0% |
| Central Vermont Medical Center | 5.5% | 5.2% |
| Copley Hospital | 5.5% | 5.5% |
| Fletcher Allen Health Care | 6.0% | 5.7% |
| Gifford Medical Center | 5.8% | 5.8% |
| Grace Cottage Hospital | 5.5% | 5.5% |
| Mount Ascutney Hospital | 6.5% | 6.5% |
| North Country Hospital | 4.7% | 4.4% |
| Northeastern VT Regional Hospital | 4.8% | 4.8% |
| Northwestern Medical Center | 3.7% | 1.75% |
| Porter Medical Center | 6.5% | 6.5% |
| Rutland Regional Medical Center | 5.5% | 5.5% |
| Southwestern Vermont Medical Center | 6.0% | 6.0% |
| Springfield Hospital | 3.8% | 3.8% |
| System Wide | 5.72 | 5.44 |
Contact Information: Janeen Morrison at 802-828-2900