Vermont Statutes Title 18 Sec. 9454
Terms Used In Vermont Statutes Title 18 Sec. 9454
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Board: means the Green Mountain Care Board established in chapter 220 of this title. See
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Hospital: means a hospital licensed under chapter 43 of this title, except a hospital that is conducted, maintained, or operated by the State of Vermont. See
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
§ 9454. Hospitals; duties
(a) Hospitals shall file the following information at the time and place and in the manner established by the Board:
(1) a budget for the forthcoming fiscal year;
(2) financial information, including costs of operation, revenues, assets, liabilities, fund balances, other income, rates, charges, units of services, and wage and salary data;
(3) scope-of-service and volume-of-service information, including inpatient services, outpatient services, and ancillary services by type of service provided;
(4) utilization information;
(5) new hospital services and programs proposed for the forthcoming fiscal year;
(6) known depreciation schedules on existing buildings, a four-year capital expenditure projection, and a one-year capital expenditure plan; and
(7) such other information as the Board may require.
(b) Hospitals shall adopt a fiscal year which shall begin on October 1. (Added 1983, No. 93, § 1, eff. May 4, 1983; amended 1991, No. 160 (Adj. Sess.), § 17, eff. May 11, 1992; 1995, No. 180 (Adj. Sess.), § 38; 2003, No. 53, § 23; 2011, No. 171 (Adj. Sess.), § 23, eff. May 16, 2012; 2015, No. 97 (Adj. Sess.), § 51a.)