Hawaii Health Systems Corporation requests quarter billion in state funding

Due to financial challenges, Hawaii Health Systems Corp., a state-funded hospital system, is asking state lawmakers for more than a quarter of a billion taxpayer dollars over the next two fiscal years, according to The Garden Island.

HHSC had only 30 days cash on hand with approximately 65 days in accounts payable when fiscal year 2015 began, according to the report, which cites a memo from HHSC to lawmakers.

HHSC is estimating it will need $24 million from the state in addition to the $82.9 million that was already budgeted for fiscal year 2015 "to stave off further cuts," according to the report. More than 30 jobs were already cut across the system.

Hawaii Rep. James "Jimmy" Kanane Tokioka, (D-Omao-Wailua) said in the report that HHSC's request will require a lot of review.

HHSC operates more than 1,300 licensed beds in facilities located on five different islands, according to its website. 

 

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