The University of Santo Tomas Hospital (USTH) was forced to lay-off its non-frontline workers to cope with financial loss due to Covid-19 crisis and delay of reimbursement by PhilHealth insurance worth Php 180 million.
“Painful decision were needed to be made. In view of the enormous impact of the pandemic, USTH has to implement the right-sizing of its non-crucial (non-frontliner) manpower complement, in addition to other measures which included adjustment of operating hours and implementation of other cost efficiency measures,” Hospital medical director Dr. Marcellus Francis Ramirez said in a statement published in the Varsitarian, UST’s official student publication.
The medical director also said that PhilHealth owes the institution at least Php 180 million in expenses for patients serviced in 2019.
“Reimbursement is delated by an average of 5-6 months. Currently the receivable of USTH from PhilHealth stands at more than Php 180 million and counting,” he added.