Hospitals must include public representatives on their boards and report executive compensation to the Green Mountain Care Board.

This bill mandates that each hospital's board of directors include at least two representatives of the public, appointed by the Governor. These public representatives have the same rights and responsibilities as other board members. The board may also create a compensation committee with at least two public representatives to review executive pay. Hospitals must provide the Green Mountain Care Board with details on executive compensation, including benchmarks and criteria for bonuses. The board must consider the impact of executive pay on patients, employees, and the community.

Hospitals must include public representatives on their boards and report executive compensation to the Green Mountain Care Board.

This bill mandates that each hospital's board of directors include at least two representatives of the public, appointed by the Governor. These public representatives have the same rights and responsibilities as other board members. The board may also create a compensation committee with at least two public representatives to review executive pay. Hospitals must provide the Green Mountain Care Board with details on executive compensation, including benchmarks and criteria for bonuses. The board must consider the impact of executive pay on patients, employees, and the community.