Increases monetary thresholds for certificates of need in Vermont, exempting certain health care services and facility projects.

Vermont S0020 amends the monetary thresholds for certificates of need, raising the limits for certain health care services and facility projects. This includes increasing the annual operating expense threshold from $1,000,000 to $10,000,000 for new services or technologies. It also raises the cost threshold for diagnostic and therapeutic equipment from $1,500,000 to $10,000,000. The bill exempts projects that were not offered or employed by the facility in the previous three fiscal years.

Increases monetary thresholds for certificates of need in Vermont, exempting certain health care services and facility projects.

Vermont S0020 amends the monetary thresholds for certificates of need, raising the limits for certain health care services and facility projects. This includes increasing the annual operating expense threshold from $1,000,000 to $10,000,000 for new services or technologies. It also raises the cost threshold for diagnostic and therapeutic equipment from $1,500,000 to $10,000,000. The bill exempts projects that were not offered or employed by the facility in the previous three fiscal years.