Scott administration pitches $375M hospital stabilization plan

Published: Jun. 5, 2020 at 7:32 AM EDT
Email This Link
Share on Pinterest
Share on LinkedIn

Vermont hospitals were struggling before the pandemic but now their budgets are being stretched even tighter.

Now, Gov. Phil Scott is pitching a $375 million plan to stabilize the industry.

The hospital system estimates at least $300 million is needed to offset business disruption and increased expenses between March and December.

The Agency of Human Services has already paid out $42 million for needs including retainer payments for Medicaid providers, hazard pay, payments to hospitals and financial relief to nursing homes, among others.

An estimated $333 million has yet to allocated.