$ 7m surplus real healthy
TOWNSVILLE Hospital and Health Service recorded a surplus of $ 7.2 million during the last financial year, with the board adopting a balanced budget moving into 2017- 18.
The 2016- 17 surplus built on a modest financial year surplus of $ 1.5 million from 2015- 16.
Board chair Tony Mooney said the surplus would be reinvested into the health service.
“I was also delighted the State Government had increased our operating budget by more than $ 70 million for the 2017- 2018 financial year to $ 935.9 million,” he said.
“I am extremely proud that we’ve maximised every dollar from the public purse to deliver this outcome.”
Mr Mooney said the healthy financial status had been achieved without reducing staff.
“The way the demand is going we’re going to be increasing those staff,” he said.
“We performed better than our budget against our expen- diture and revenue targets.
“Importantly, we did more activity which means we undertook more procedures where we receive revenue.
“This was helped by a focus on cutting wait lists and was assisted by the two new operating theatres which were federally funded.”
Mr Mooney said at the end of 2016- 17 no patient was waiting longer than clinically recommended for a specialist outpatient appointment.
“Just two years ago we had more than 1000 people who waited longer than they should have to see one of our world class clinicians,” he said.
“We’ve achieved this result through an extraordinary effort from our frontline staff who have delivered an additional 10,000 specialist outpatient appointments to achieve zero long waits.
“In addition, we continue to be a Queensland leader in patient off stretcher time ( 97 per cent), elective surgery performance ( zero long waits), general dental waits ( zero long waits) and endoscopy ( zero long waits).”
Mr Mooney said results such as these placed the THHS among the top tier of best- performing hospitals and health services across the state.
“By having a surplus we can invest into new facilities, research, and infrastructure to improve the care we provide our community,” he said.
During the last 12 months, surplus revenue has been invested into a range of projects including a $ 3.3 million contribution to the Palm Island Primary Care Centre.