In a statement, the administration of the CHA – created in 2013 and which includes the units of Faro, Portimão and Lagos – said that the now announced a capital increase of around 24.6 million, will enable the launch center 2015 with “zero or even positive equity”, depending on the results achieved, to establish the close of the year
According to the CHA, the capital increases occurred in 2014 -. a first, 69 4 million million and now announced – also added 5.3 million forgiveness of interest, a total reinforcement 99.3 million euros, which allows the center out of “chronic technical failure that has marked the performance of hospital financial entities in the Algarve. “
The order signed last Friday by the Ministries of Health and Finance provides a capital increase of public hospitals north to south, involving more than 450 million, not linked to the funds from the state budget and are starting to be still available this year.
This new capital increase by the Ministry of Health is intended now to pay overdue debts and contracted until September 30, 2014 by Business Public Entities of the National Health Service.
In the case of the Hospital of the Algarve, the available amount allows settle the old debt to suppliers, accrued until December 31, 2011 , as from January 1, 2012 that neither the Hospital of Faro, neither of Portimão, nor yet made the Algarve Hospital record any accumulation of arrears.
The capital increase that the hospital had already received earlier this year allowed settle the old debt contracted in 2008 and 2009 under the Support Fund Payment System of the National Health Service (FASP), stressed the administration.
According to the CHA, along with the efforts that have been undertaken to reduce operating costs, this capital increase is “the only way to achieve ensure the maintenance and development of care to the resident population and non-resident who flock . the Algarve hospitals “
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