Overdraft move by hospital makes sense, says minister

It made “absolute sense” for a major acute hospital to use an overdraft facility to manage its cash flow problems, Health Minister James Reilly said yesterday.

Thu, 11 Oct, 2012 - 01:00
Evelyn Ring

He was responding to questions about Tallaght Hospital in Dublin obtaining an overdraft facility of over €12m from AIB.

The arrangement will secure Tallaght’s cash flow to the end of the year.

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