Challenging year for CGHS

Category:
Wednesday 21 December 2016
Central Gippsland Health Service finished the financial year with a surplus of $259,000.

Challenging year for CGHS                                                                                                         19.12.2016                                                                                             

 

Central Gippsland Health Service finished the financial year with a surplus of $259,000.

“This is a strong result and testimony to the efforts of so many,” CGHS chairman Glenn Stagg told the annual general meeting on Thursday night.

CGHS had planned for a surplus of $100,000 in an overall annual budget of more than $90 million.

Mr Stagg said the last financial year was another challenging one for the service.

To receive maximum funding from the Department of Health and Human Services, CGHS must meet its activity (WEIS) targets. It achieved 96 per cent which was better than the previous year however still meant it must return $881,000 to the government.

The major cost to the CGHS budget is wages which were up by 4.69 percent. Total capital expenditure was $1.87 million with $408,000 invested in new medical equipment.

Mr Stagg praised the community, including the CGHS auxiliaries, for the fundraising effort throughout the year.

“We are fortunate to live in a community where people value their health services and generously make donations, large and small,” he said.

The chairman said a highlight for the service was the completion of the Oncology Unit redevelopment.

He also outlined details of a proposal to develop orthopaedic surgical capabilities with a grant application currently before government.

“This is a $5 million project which would be a fantastic boost for our health service in terms of capabilities,” Mr Stagg said. “As well as supporting the Latrobe Regional Hospital, it would mean an expansion in our overall general surgical capabilities.”

 

ENDS

 

 

 

 

For more information, please contact Lynne Smith on 0437 918234