Loading chat...
VT H0071
Bill
Status
1/23/2025
Primary Sponsor
Tiffany Bluemle
Click for details
AI Summary
-
Health care entities must provide 180-day advance written notice to the Green Mountain Care Board and Attorney General before completing material change transactions involving entities with at least $1,000,000 in assets or annual revenues
-
The Green Mountain Care Board may approve, conditionally approve, or disapprove transactions after conducting cost and market impact reviews that examine effects on competition, pricing, service availability, and health care access
-
Corporations are prohibited from practicing medicine or interfering with licensed health care providers' professional judgment and clinical decisions, including controlling patient time limits, discharge timing, and diagnostic coding
-
Noncompetition agreements between physicians and employers are void and unenforceable, with limited exceptions for physicians owning 25% or more of the practice
-
Health care entities must report ownership, control, and financial information to the Green Mountain Care Board every two years, with public reporting on consolidation trends beginning February 1, 2027
Legislative Description
An act relating to health care entity transaction oversight and clinical decision making
Last Action
Read first time and referred to the Committee on Health Care
1/23/2025