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SVMC budget increase gets preliminary approval

By Bennington Banner  
   September 16, 2022

A team, including hospital President Tom Dee, appeared before the state’s regulatory Green Mountain Care Board last month to ask for a $188,872,209 budget for fiscal 2023, citing a projected $1.3 million loss for fiscal 2022. The board is charged with controlling health care costs and improving health care outcomes, and approves—or disapproves—hospital budget requests.

Read more from HealthLeaders: Hospitals and Health Systems Struggling Through 'Most Financially Difficult Year' of Pandemic

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