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ATHENS – With Greece going broke fast, the country’s main healthcare provider, EOPYY, owes more than 4.5 billion euros, mostly to hospitals.

That is due largely because of the failure to collect payments due the social security agency which channels money to the EOPYY, and as many companies haven’t met their health insurance obligations and aren’t being chased.

Health Minister Panayiotis Kouroublis told Parliament that EOPYY, which was formed on January 1, 2012, had run up debts of 625 million euros to private clinics, doctors and drug companies and 3.8 billion euros to underfunded and understaffed state hospitals.

EOPYY is owed 1.13 billion euros from the social security system that is also suffering an economic crisis with the government holding back payments and siphoning off money from state agencies to pay international lenders who won’t release more aid until Prime Minister Alexis Tsipras imposes austerity reforms he vowed to oppose.

EOPYY’s medicines bill was 107 million euros off target in the first four months, compared to an overspend of 86 million euros during the same period last year. Spending on diagnostic tests was almost 20 percent below the target.

The post Greek Health Agency Debt Crushed appeared first on The National Herald.

Source: The National Herald
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