The Philippine Heart Center’s (PHC) budget deficit stood at P180.28 million last year, based on the 2020 audit of the government hospital released in late April.
The report, which was released by the Commission on Audit (COA) on April 28, also showed that the PHC posted a substantial reduction in its total revenue. From P3.14 billion in 2019, its revenues decreased to P1.6 billion in 2020, it said.
The government hospital’s operating expenses were trimmed from P3.98 billion in 2019 to P3.23 billion in 2020. The breakdown of PHC's operating expenses in 2020 is as follows: personnel services (PS), P1.68 billion; maintenance and other operating expenses (MOOE), P1.3 billion; financial expenses, P39,383; and non-cash expenses, P246.75 million.
According to the PHC’s statements of financial performance, its PS expenses rose to P1.68 billion in 2020 from P1.55 billion in 2019.
The 2020 PS expenses include salaries and wages amounting to P844.80 million; other compensation, P608.74 million; personnel benefit contributions, P110.37 million; and other personnel benefits, P120.18 million.
Of the PHC’s P844.80-million PS expenses in salaries and wages in 2020, P787.76 million was allocated for its regular employees, P5.37 million for “contractual” and P51.67 million for “contract of service”.
The records also showed that “other compensation” which include bonuses and allowance climbed to P608.74 million in 2020 from P583.176 million in 2019.
The state hospital’s "other personnel benefits”, which include terminal leave benefits, rice and meal subsidy, and other fringe benefits, substantially increased to P120.18 million in 2020 from P43.53 million in 2019.
The report also noted that the PHC’s subsidy from the national government increased to P1.28 billion to P1.424 billion over the same period.
While, the government hospital’s service and business income dipped- from P3.08 billion in 2019 to P1.54 million in 2020. The PHC’s service and business income in 2020 includes hospital fees both in-patient and out-patient amounting to P2.152 billion and P318.67 million, respectively.
Hospital fees in-patient and out-patient suffered decreases in 2020 with P2.021 billion-decline and P373.43-million slash, respectively.