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VT S0010
Bill
AI Summary
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Raises the capital expenditure threshold requiring a certificate of need from $1.5 million to $5 million for non-hospital health care facilities, and from $3 million to $10 million for hospitals
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Increases the diagnostic/therapeutic equipment cost threshold from $1 million to $3 million for non-hospital facilities, and from $1.5 million to $5 million for hospitals
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Raises the annual operating expense threshold for new health care services from $500,000 to $1.5 million for non-hospital facilities, and from $1 million to $3 million for hospitals
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Increases the conceptual development phase threshold from $30 million to $100 million, requiring a two-phase certificate of need process for projects exceeding that amount
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Excludes emergency and nonemergency ground ambulance services, affiliated agencies, and emergency medical personnel equipment from certificate of need requirements
Legislative Description
An act relating to modifying requirements for obtaining a certificate of need
Last Action
Read 1st time & referred to Committee on Health and Welfare
1/16/2025