Final month, Vermont’s Inexperienced Mountain Care Board (GMCB) reported that 9 of Vermont’s 14 hospitals had damaging working margins in fiscal yr 2023. In line with the report, “Hospitals reported important pressures associated to staffing (contract labor and salaries/advantages) and inflationary stress on each basic and medical bills.”
Moreover, GMCB underscored in its press launch, “Vermonters are experiencing important annual will increase in medical insurance premiums.”
“Vermont’s healthcare system is strained, and Vermonters can not afford annual double-digit will increase of their healthcare prices,” mentioned Owen Foster, Chair of GMCB, in a press release.
On July 17, 60 individuals attended a listening to in Brattleboro on the Vermont healthcare system. A employed marketing consultant concluded that except motion is taken to remodel Vermont’s healthcare system, it will likely be financially unsustainable by 2030, reported The Commons Robert F. Smith on July 23.
“We glance to attain a well being system for Vermont that meets the care wants of our communities and acknowledges the necessary position hospitals play in our native economies whereas addressing the problem of unsustainable healthcare price development,” mentioned Jenney Samuelson, Secretary of the Company of Human Providers, in a press release.