Skip to content

Considering potential emergency funds for Khon Kaen Hospital.

Deep-seated financial predicament at Khon Kaen Hospital prompts Ministry of Public Health intervention due to accrued debts surpassing 1.2 billion baht.

Ministry of Public Health Intervenes Due to Financial Instability at Khon Kaen Hospital Amounting...
Ministry of Public Health Intervenes Due to Financial Instability at Khon Kaen Hospital Amounting to Over 1.2 Billion Baht in Debt

Considering potential emergency funds for Khon Kaen Hospital.

I'm here, ready to spill the tea on the financial woes at Khon Kaen Hospital. Gotta tell ya, this joint's in a bit of a pickle, holdin' losses of over 1.2 billion baht, no lie!

The Ministry of Public Health is hoppin' to turn this ship around and has gotten the ball rollin' with a potential emergency loan from the National Health Security Office (NHSO) worth over 300 million baht. That's some serious dough right there!

Somsak Thepsuthin, the Public Health Minister himself, paid a visit to the hospital recently. He held a powwow with Inspector-General for Health Region 7, Dr Ekachai Piansriwatchara, and Khon Kaen Hospital's Director, Dr Surasit Chitpitaklert, to discuss the hospital's financial situation and rehabilitation plan.

Seems like ol' Khon Kaen Hospital faced cash flow issues since 2021, and this deficit has snowballed. Somsak says this reflects some shady business when it comes to budget allocation at the provincial level. If they don't sort it out pronto, we're lookin' at major repercussions for public healthcare services across the board.

The Ministry's aiming to snatch that emergency loan from the NHSO to prevent any disruptions to care. As Somsak puts it, "This is a desperado move to beef up our short-term liquidity."

In parallel, the Office of Public Sector Anti-Corruption Commission (PACC) and the State Audit Office (SAO) are hopping on board to double-check the hospital's operations, ensure everything's on the up and up, and make sure the budget's being used effectively.

Revenue collection's been slack, due to inefficiencies, and Khon Kaen Hospital's lost out on sickies covered under the civil servant medical scheme compared to other similar-sized hospitals. Meanwhile, operating costs--primarily wages--are sky-high, and there's been a lack of internal financial control to boot.

The Ministry's got a seven-point financial recovery plan up their sleeve, which includes adjusting the hospital's revenue and expenditure balances, boosting income by more than 10%, and slashin' procurement costs by at least 20%. But that ain't all, the hospital's gonna rush debt collection from regional service units and seek further support from central authorities.

In short, Khon Kaen Hospital's got a hefty financial mess on its hands, and the Ministry's stepped in to clean it up. Here's hopin' they can turn this ship around before it's too late!

The Ministry of Public Health is working diligently to improve the financial condition of Khon Kaen Hospital, considering the losses amounting to over 1.2 billion baht. They are considering medical-conditions related business aspects as they tackle this issue by aiming to secure an emergency loan from the National Health Security Office (NHSO) to ensure health-and-wellness services continue uninterrupted. On the other hand, the Office of Public Sector Anti-Corruption Commission (PACC) and the State Audit Office (SAO) are investigating the hospital's financial operations to ensure proper utilization of revenue, which includes seeking ways to increase income through science and innovative approaches while reducing costs.

Read also:

    Latest