Victoria's public hospitals face financial data restrictions for revealing deficits; deficit projected to reach $3bn by June 2024.
Victoria's public hospitals face financial data restrictions as punishment for revealing their massive budget deficits. The hospital system reported a $697m deficit in the first quarter of 2023-24, which increased to nearly $1.5bn by December 2023. The deficit is projected to reach over $3bn by the end of June 2024. The state government and Health Department are pushing health services to find cuts, while refusing to guarantee 'top-ups' to hospitals' cash reserves.
April 17, 2024
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