Hospitals need to cut spending drastically — but do their plans deliver?

Hospitals need to cut spending drastically — but do their plans deliver?

Springfield Hospital in Springfield on Thursday, June 9, 2022. Photo by Glenn Russell/VTDigger When in 2024 a consultant sized up the state of healthcare in Vermont, the picture was stark: Vermont’s hospitals needed major restructuring or they risked facing a collective budget deficit somewhere between $700 million to $2.4 billion by 2030. Last year, the Legislature formally tasked the Agency of Human Services with coordinating that restructurin…