By Katie Jickling
Health care regulators approved a $1.42 billion budget for OneCare Vermont, a 59% increase over last year. The growth reflects the increase in size in the accountable care organization, which has been charged with enacting the state’s health care reform efforts.
The five members of the Green Mountain Care Board voted unanimously in favor of the budget — which included 23 conditions — on Wednesday. They requested that OneCare create an online dashboard by next summer to increase transparency and allow the public to see health data results.
OneCare Vermont has been charged with implementing the state’s all-payer health care system, which was launched in 2016. The company collects money from insurers and then funnels it to hospitals and providers, paying them a set amount for each patient rather than for each procedure. They provide data and analytics, coordinating care and finding new ways to keep people healthy. The effort aims to improve care and reduce costs by incentivizing doctors to keep patients healthy. continue to site