Regulators tell hospitals to reduce spending growth

Kevin Mullin, chair of the Green Mountain Care Board. File photo by Erin Mansfield/VTDigger
Vermont hospitals will have a little less wiggle room when designing their budgets for next fiscal year.
The Green Mountain Care Board on Wednesday approved a 3.2 percent growth target for hospitals’ net patient revenues in fiscal year 2019. That’s down from the 3.4 percent rate the board set for the current fiscal year.
While that might not sound like much difference, any change is significan