KevinMD May 24, 2020
When the COVID-19 pandemic hit, it revealed a troubling paradox in Vermont’s healthscape. Monopoly-creating laws and regulations (like the Affordable Care Act and the Certificate of Need program) have artificially reduced the state’s health facilities and resources. Vermonters must contend with fewer hospitals and ambulatory surgical centers, and reduced access to medical imaging technology. On the one hand, insufficient health care capacity increased the risk of COVID-19 cases overwhelming the system and undermined the state’s ability to take care of all patients requiring hospitalization and respiratory support.
On the other hand, the pandemic worsened the financial challenges of many Vermont hospitals that were already teetering on bankruptcy. Vermont hospitals and physician practices have been financially struggling for years due to...