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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 13:07

Several Latvian state hospitals could keep their entire 2013 profits

BC, Riga, 14.08.2014.Print version
The Ministry of Health has turned to the government asking it to allow six medical institutions to use their 2013 profits to cover the cost of healthcare services guaranteed by the state, while another hospital wants to use its profit to cover its government-underwritten loan, informs LETA.

Normally state-owned companies have to pay 90% of their annual net profit into the state budget. If the government decides to approve the Health Ministry's proposal, the state budget would lose a total of EUR 409,281, however, these funds will help the hospitals maintain stability and efficiency in providing medical services, the ministry explains.

 

If the proposal is approved by the government, the Children's Clinical University Hospital will be able to keep EUR 221,235, national rehabilitation center "Vaivari" – EUR 88,338, Akniste psycho-neurological hospital – EUR 10,992, Pauls Stradins Clinical University Hospital – EUR 10,879 and children's psycho-neurological hospital "Ainazi" – EUR 10,563.

 

Daugavpils psycho-neurological hospital is the only hospital that intends to use the funds to cover the state-guaranteed loan.

 

The ministry's proposal was announced during the state secretaries' meeting today. It will have to be first coordinated with other ministries and then confirmed by the government.






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