The Green Mountain Care Board (GMCB) unanimously approved OneCare Vermont’s 2022 fiscal year budget, which was initially filed on October 1, 2021 as part of the annual budget review process. The approval of the budget was based on final staff recommendations with minor modifications. The minor changes include:
- Submitting a report in the spring regarding commercial fixed perspective payment levels
- Increasing Value-Based Incentive Fund (VBIF) funding to a minimum of $2.24 million
- Increasing funding for SASH and Blueprint for Health (PCMH and CHT) investments
The final recommendations will be the basis for the official budget orders which will be released at some point in January. OneCare is proud to have submitted a balanced budget despite financial challenges brought on by the current pandemic. Our budget continues to support our provider network through the ongoing COVID-19 public health emergency, and balances the cost of reform with continued investments in the value-based care transformation.
Additional reading:
We rely on the data and resources provided by OneCare as we care for high-risk and high-spend populations in Vermont and OneCare is a necessary vehicle in our state’s continued march toward true value-based care delivery. There is no plan B for health care delivery system reform right now and OneCare needs ongoing support from providers, state stakeholders, and the federal government as it continues to evolve to meet the needs of Vermont’s provider network.
For more information:
Please contact Public Affairs at OneCare Vermont. public@onecarevt.org | 802-847-1346
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