The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
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 that 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.)
