NO. 81. AN ACT RELATING TO THE HOSPITAL BUDGET REVIEW PROCESS.
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 18 V.S.A. § 9456 is amended to read:
§ 9456. BUDGET REVIEW
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(d) Beginning October 1, 1996, and annually thereafter, the commissioner shall consider the recommendations of the public oversight commission and*[
, ]*establish a budget for each hospital*[ , and each]* by September 15 followed by a written decision by October 1. Each hospital shall operate within the budget established under this section.
(e) The commissioner may establish, by rule, a process to define, on an annual basis, criteria for hospitals to meet, such as utilization and inflation benchmarks. The rule may permit the commissioner to waive one or more of the review processes listed in subsection (b) of this section, but not for more than one year consecutively.*[
Sec. 2. EFFECTIVE DATE
This act shall take effect on October 1, 2000.
Approved: April 13, 2000