Bill > H0071

This bill establishes a comprehensive framework for overseeing health care entity transactions and protecting clinical decision-making in Vermont. The legislation requires health care entities to provide advance notice to the Green Mountain Care Board and Attorney General before completing any "material change transaction" valued at $1 million or more, such as mergers, acquisitions, or significant partnerships. The Green Mountain Care Board will conduct a thorough review of proposed transactions, examining potential impacts on healthcare costs, access, quality, equity, and market competition. The bill prohibits corporations from interfering with medical professionals' clinical judgment and establishes strict rules preventing non-medical entities from controlling medical practices. Key provisions include requiring detailed public reporting on healthcare entity ownership and control, mandating that physicians maintain majority ownership and control of medical practices, and voiding certain non-competition and non-disclosure agreements that might restrict medical professionals' rights. The legislation also empowers the Attorney General to enforce these requirements, with the ability to impose penalties, seek injunctive relief, and rescind transaction approvals for violations. The bill is designed to increase transparency, protect patient care, and prevent potential anti-competitive practices in Vermont's healthcare system, with provisions taking effect on July 1, 2025.

Health and Social Services

https://legislature.vermont.gov/bill/status/2026/H.71