NMC Commentary

Did NMC Respond Appropriately to the Revenue Cap?

Yes. In response to the revenue cap, NMC proposed to the State that we lower our overall charges to patients by 8% heading into Fiscal Year 2016. We took this step even though NMC’s rates are typically below the state average (based on published comparisons) and NMC has had the lowest overall rate increase in the past thirteen years among all of Vermont’s hospitals. As I discussed read all »