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

Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline
Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase
Third Quarter Profits for Samsung Electronics Drop Sharply
Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low
Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order
Lowe’s to Introduce Robots in Store for Customer Service
Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015
USPS Audit Questions the Consistency of Surveillance Conducted on Mail
For the CEO of Twitter, Growth in Number of Users Is the First Priority
Highest Retail Sales Noted in Japan in Last Four Months
Madison Square Garden Co. is Planning a Split in Its Media, Sports and Entertain
In Matters of Auto Reliability Detroit Automakers Trail Behind Foreign Companies