HSE projects €212m deficit by year’s end excluding cost of flu

THE Health Service Executive (HSE) is projecting a €212 million income shortfall by the end of the year, a figure which does not factor in the cost of a flu pandemic.

In addition, the figure does not include any potential liability arising from legal action taken by pharmacists against the HSE in relation to advance payments.

In its monthly performance monitoring report, published online yesterday, the HSE said its financial position as of July 31 “indicates a deficit of €123m”, reflecting total expenditure of €7.950 billion against a year-to-date budget of €7.827bn.