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Vermont Hospitals Face $140M Cuts | Montpelier News
Description
Vermont’s flagship hospital system is on the brink, facing a projected $14 million loss despite billions in revenue — with Burlington’s main hospital alone set to bleed $43 million. Amid leadership upheaval and cost-cutting pressure, administrators are slashing $140 million across admin staff, clinician time, and supplies, while phasing out traveling nurses and overtime. The goal? Boost productivity and shift care to cheaper settings — but an independent review says they still need $50 million more in cuts. With no clear source for those savings and a looming state budget approval, the network risks “plugs” and transparency gaps — all while trying to keep care affordable and wait times low.
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