PH Heart Center’s budget deficit hits P180 million in 2020

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The Philippine Heart Center’s budget deficit stood at P180.28 million last year, based on the 2020 audit of the government hospital released in late April.

The report, which was released by the Commission on Audit on April 28, also showed that the PHC posted a substantial reduction in its total revenue. From P3.14 billion in 2019, its revenues decreased to P1.6 billion in 2020, it said.

According to the PHC’s statements of financial performance, its PS expenses rose to P1.68 billion in 2020 from P1.55 billion in 2019. Of the PHC’s P844.80-million PS expenses in salaries and wages in 2020, P787.76 million was allocated for its regular employees, P5.37 million for “contractual” and P51.67 million for “contract of service”.

The state hospital’s “other personnel benefits”, which include terminal leave benefits, rice and meal subsidy, and other fringe benefits, substantially increased to P120.18 million in 2020 from P43.53 million in 2019.

 

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