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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Sickles
VCHI Establish Virginia Institute for Healthcare Research

Item 279 #8h

Item 279 #8h

First Year - FY2025 Second Year - FY2026
Health and Human Resources
Department of Health FY2025 $495,000 FY2026 $495,000 GF

Language
Page 310, line 4, strike "$29,665,423" and insert "$30,160,423".
Page 310, line 4, strike "$26,415,423" and insert "$26,910,423".

Page 314, line 21, after "W.", insert "1."

Page 314, after line 27, insert:

"2. Out of this appropriation, $495,000 the first year and $495,000 the second year from the general fund shall be provided to the Virginia Center for Health Innovation to establish the Virginia Institute for Healthcare Research, a public-private partnership to advance innovation and improve transparency in healthcare payment and delivery."



Explanation

(This amendment provides $495,000 each year from the general fund to fund the Virginia Center for Health Innovation to establish the Virginia Institute for Healthcare Research, a public-private partnership to inform policy, advance innovation and improve transparency in healthcare payment and delivery, and provide cost-effective healthcare research to the Commonwealth.)