Hospital insists on prudent financial management despite €12m overdraft application
Management at Tallaght hospital in Dublin is insisting the facility is managing its finances prudently.
That is despite revelations that it has applied for a €12m bank overdraft to see it through to the end of the year.
The news comes after the HSE announced that its budget overspend climbed to €374m at the end of September.
Last night the HSE revealed the scale of the overspend in the health service.
Its budget overrun climbed to €374m at the end of September, compared with €329m at the end of August.
The crisis was compounded by news that Tallaght hospital has had to apply for an overdraft to see it through to the end of the year.
The news is expected to put the Health Minister James Reilly and his government colleagues under further pressureafter they promised to reign in the budget overrun before the end of the year.
It now looks unlikely that will happen - meaning other departments who are underspending - will have to pick up the tab.
