Curatio International Foundation and Galt & Taggart have presented a joint report on the Georgian healthcare sector, which assesses the financial condition of the hospital sector. The document reports, that the universal health care program is carried out with overspending every year.
The organizations estimate that the overspending of the universal health care program has totaled about GEL 350 million in 7 years, which is 8% more comparing to the approved budget.
"This over-spent 350 million does not include the debt to be paid to medical institutions according to the state audit report of December 31, 2018. The debt of medical institutions totals to 201 million GEL, which increases the total over-spending to 551 million GEL. This is 12% of the approved budget.
According to our estimates, early in 2019, the debt towards the medical institutions increased from 201 million to almost 450 million. However, at the expense of reducing the utilization of services in 2020, the state repaid a significant portion of this debt and reduced the remuneration period for medical institutions from 6 to 3 months.
It is also noteworthy that the extra costs of the universal health care program are partially covered at the expense of other health care programs. In 2014-2020, other programs spent GEL 76 million (or -4%) less than planned, which partially offset the spending problems of the universal health care program," the report reads.
See all the news
Kazakhstan’s Share of Bitcoin Mining Increases Sixfold Surging to Third Place Worldwide
Israel Bans Travel In Georgia From July 30
Novartis Prostate Cancer Drug Receives U.S. FDA Breakthrough Designation
Mymarket-ის აპლიკაცია ჩაშვებულია!
The Success of 5 Georgian Wines at Sommeliers Choice Awards 2021
მანინო უწერა - ახალი სასტუმრო რაჭაში
სილამაზის ინდუსტრიის გამოწვევები და #AVON-ის ფინანსური მაჩვენებლები
Investors in Georgia discover that Ease of Doing Business rankings can be deceptive
Baia Kvitsiani to Replace Mariam Kvrivishvili In The Parliament
Who Is Vazil Hudak?
PM Appoints Vazil Hudak As A Special Advisor on Attracting FDI
Exclusive Follow-Up/Interview with Selim Cakir, IMF Representative in Georgia
Czech Development Agency Delegation to Visit Georgia
GNCC demands reversal of a transaction on which they don’t have a jurisdiction - Law Professor
ფარმადეპო: „მედიკამენტები 1 ლარად“ - ქეთი კოზმანაშვილი ქალების ნარატივში
Georgia amends transfer pricing rules for APAs, reduces thresholds
We paid for 100% of shares of Caucasus Online in 2019 - NEQSOL Holding
“Only the courts have the right to determine the legality of the purchase of Caucasus Online", - NEQSOL Holding
Venice Commission: current version of the law does not demonstrate legitimacy and the proportionality test is not met either