Disbursement Acceleration Plan
October 21, 2011 by staff
Disbursement Acceleration Plan, Facilities and services of three specialty hospitals will be updated with the government’s stimulus funds whose release was recently approved by President Benigno Aquino III.
All located in Quezon City, the Philippine Heart Center (PHC), Lung Center of the Philippines (LCP) and the Philippine Children Medical Center (PCMC) will receive a total of P742 million, which is obtained from the government P72-billion plan to speed up disbursements, Budget Secretary Florencio Abad said.
“The Aquino government recognizes that safe and efficient health care should not be a privileged few but a right to all Filipinos. This background note is necessary to support upgrading of our specialty hospitals for citizens, especially the poor and marginalized, have access to healthcare services safe and effective, “Abad said in a statement.
Of the P742 million, P357 million will be used to update the aging infrastructure and the medical team of the Philippine Heart Center.
The funds will be used for capital outlay projects of hospitals, including the renovation of the existing recovery room in two pediatric surgical suites for interventional procedures, the conversion of the intensive care unit (ICU) in a surgical environment, intensive care unit, the purchase of additional cardiac catheterization lab, and the purchase of additional machines echocardiography.
The Lung Center, meanwhile, will receive P105 million for its two programs of bio-regenerative program (P70 million) which seeks to harness stem cell research and technology for the treatment of patients with cancer, and Pediatric Pulmonary Program (P35 million) for children three months to 18 years of age who suffer from lung diseases.
Another P280 million will go to the capital and equipment renovation project for the old-fashioned plant of the Philippine Children’s Medical Center.
The amount will be used to renovate and rehabilitate the building 30 years old fashioned, expand facilities to serve more patients and replace obsolete equipment for accurate diagnosis.
Additional funding for the Center for Lung and Philippine Children’s Hospital are obtained from the years 2010 and 2011 credits unpublished slow-moving projects. Additional funds for the Heart Center will come from FY 2010 Regular savings.
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