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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 18 : Health

Chapter 221 : HEALTH CARE ADMINISTRATION

Subchapter 007 : Hospital Budget Review

(Cite as: 18 V.S.A. § 9454)
  • § 9454. Hospitals; duties

    (a) Hospitals shall file the following information at the time and place and in the manner established by the Board:

    (1) a budget for the forthcoming fiscal year;

    (2) financial information, including costs of operation, revenues, assets, liabilities, fund balances, other income, rates, charges, units of services, and wage and salary data;

    (3) scope-of-service and volume-of-service information, including inpatient services, outpatient services, and ancillary services by type of service provided;

    (4) utilization information;

    (5) new hospital services and programs proposed for the forthcoming fiscal year;

    (6) known depreciation schedules on existing buildings, a four-year capital expenditure projection, and a one-year capital expenditure plan; and

    (7) such other information as the Board may require.

    (b) Hospitals shall adopt a fiscal year which shall begin on October 1. (Added 1983, No. 93, § 1, eff. May 4, 1983; amended 1991, No. 160 (Adj. Sess.), § 17, eff. May 11, 1992; 1995, No. 180 (Adj. Sess.), § 38; 2003, No. 53, § 23; 2011, No. 171 (Adj. Sess.), § 23, eff. May 16, 2012; 2015, No. 97 (Adj. Sess.), § 51a.)