HSE Declares Being Over Budget

.

HSE Declares Being Over Budget

There are chances that chronically ill patients witness a decline in the number of facilities in their care, as the Health Service Executive (HSE) has spent more than the allocated budget for 2011. It has become mandatory for them to spend within limits till the end of February.

The HSE revealed the news at the time when they unveiled their performance monitoring report. From there, it got unveiled that the HSE will be struggling to remain under budget till February. The report revealed that hospitals have overspent €49m whereas the community services have overspent €29.3m.

The over expenditure has raised concerns for the frontline services and it is very important for the HSE to make expenditures under the allocated budget which is €2.02bn. There are probable chances that hospitals as well as community services will be facing a lot of cuts in facilities.

“A review has been carried out with the most financially challenged hospitals. Cost savings plans are in place which will require considerable focus and will have an impact on service levels. Early indications are that a number of hospitals will have difficulty”, said the report.

In addition, it has also been found that the HSE will face further funding cuts as Finance Minister Michael Noonan made significant financial cuts during the allocation of the budget in 2011. So, there will be an added pressure on the HSE to perform using limited resources.

Irish Patients’ Association Chairman Stephen McMahon was of the view that the report has raised concerns, as if the HSE will not be able to make expenditures in the given amount, then hospitals will have to face several other cuts. This will not affect the hospitals, but it will also affect the quality of care being given to patients.


Latest News

Massachusetts Regulators to Decide on Issue of Limiting time and Money for Gambl
More People Are Expected to Travel by Road during the Thanksgiving Holiday, due
Sotheby’s CEO, William Ruprecht to Step Down
Alibaba does well in the American Bond Market
Target's Holiday Season Sales Expected to Fetch Good Results
Uber’s New York Office Executive Investigated for Spying on Journalist
China’s Factory Gauge in November Dropped to a Six Month Low
Fed Debate Continues Regarding Tightening of Pace After the First Rate Increase
San Diego Gives Green Signal to Landmark Water Recycling Plans
NHTSA Urges Takata to Recall Faulty Air-Bags Nationwide
Home Prices in Beijing Drop for the First Time in Two Years Following an Economi
Urban Outfitters Miss Analyst Expectations in Third Quarter Earnings