MANILA, Philippines — Some hospitals have been forced to dig into their savings or borrow from banks in order to continue operating amid a “huge amount of unpaid” claims owed by the Philippine Health Insurance Corp. (PhilHealth), with P1.2 billionsupposedlystill to be paid to one hospital.
Concern over these unpaid claims, which are causing “severe financial distress” to hospitals and date back to the start of the pandemic in March 2020, was raised by Philippine Hospital Association (PHA) president Dr. Jaime Almora during Wednesday’s Senate hearing on the status of government measures to help pandemic-hit sectors.
“They have to dig into their savings and they have to bo…
Keep on reading: Hospitals using savings, borrowing money to operate amid unpaid COVID claims, senators told