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Hospital budget back in the black

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Posted on September 19, 2013 |
By John Flowers



porterhospital7400.jpg
THE GREEN MOUNTAIN Care Board has given the OK to Porter Hospital’s proposed fiscal year 2014 budget calling for a 1.4 percent increase in revenues. Independent photo/Trent Campbell

MIDDLEBURY — The Green Mountain Care Board has OK’d Porter Hospital’s request for a fiscal year 2014 budget of $69,809,477.

That spending requires a 1.4-percent increase in net revenues and a 6-percent bump in gross charges.

The budget provides further evidence of a substantial turnaround in Porter Hospital’s financial health, falls well below the state’s recommended 3-percent revenue cap, and will not force any job cuts, hospital officials said.

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