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Cost of running UHK increases by €21 million over a five-year period

Jul 6, 2020 09:23 By radiokerrynews
Cost of running UHK increases by €21 million over a five-year period
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The cost of running University Hospital Kerry increased by €21 million over a five-year period. This is according to the hospital's financial reports,

The cost of running University Hospital Kerry increased by €21 million over a five-year period.

This is according to the hospital's financial reports, which contain information on staff pay, office expenses and the cost of medicines.

Following a Freedom of Information Act request, UHK released its financial reports for 2014-2018 inclusive, which outlined the hospital's income and expenditure.

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Staff-related costs accounted for over €68m in 2018; this was up nearly €13m on five years previous.

Of the €68m staff costs, over €7.6m was paid for agency staff in 2018.

Drugs and medicines cost €7.1m, surgical supplies were €5.8m and office expenses were nearly €1.5m.

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Total expenditure in 2018 was €107m, up from €85m in 2014.

UHK also has a number of income sources, including private charges, in-patient charges and emergency department charges; these totalled €13.7m in 2018, meaning UHK had a net expenditure of over €94m that year.

 

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