Vermont's ACO gets $621M in funding

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Vermont lawmakers approved a $620.8 million budget for OneCare Vermont, an ACO formed by Burlington-based University of Vermont Medical Center and Lebanon, N.H.-based Dartmouth-Hitchcock Medical Center, according to the Burlington Free Press.

The Green Mountain Care Board, which oversees the rate of Vermont's growth in healthcare cost, OK'd the budget last week. OneCare's budget includes roughly $600 million for patient care, approximately $12.5 million for operating expenses and about $7.5 million for pilot projects aimed at supporting the state's health system.

The 10 hospitals participating in OneCare receive fixed monthly payments for providing care. Primary care providers get $3.25 per patient per month, and providers caring for the sickest patients receive an additional $15 to $25 each month, the Burlington Free Press reports.

Beginning in January, roughly one in every five Vermont residents, or 122,000 individuals, will receive care under OneCare ACO.

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