An act relating to increasing the monetary thresholds for certificates of need

H.96 increases the monetary thresholds requiring a certificate of need for healthcare projects in Vermont. It raises the cost limits from current levels (e.g., $1.5 million for facility capital costs to $10 million) to $10 million or $50 million for larger projects. The bill directly affects hospitals and healthcare facilities that would previously need state approval for projects exceeding these thresholds. It also exempts healthcare services or facility projects resulting from state contracts from the certificate requirement. This change reduces regulatory burden for many healthcare investments by raising the cost bar for mandatory review.