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University hospitals face bankruptcy

by Safure Cantürk

ISTANBUL Aug 13, 2015 - 12:00 am GMT+3
by Safure Cantürk Aug 13, 2015 12:00 am
University hospitals are in danger of going bankrupt as their debts rapidly mount due to a history of mismanaging funds. Istanbul's notable Çapa University and Cerrahpaşa University hospitals, which treat millions each year and are known for their top-notch staff, are among the hospitals facing bankruptcy, as their combined debt amounts to TL 650 million ($234.25 million). Hacettepe University Hospital, another respectable medical institution in the capital Ankara, also has an outstanding debt of TL 230 million. Health Minister Mehmet Müezzinoğlu said hospitals try to cover their debts by taking out loans, but this would not solve the problem. He said a plan is needed to examine the problems that led to the massive debts and solve them.
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  • Last Update: Aug 13, 2015 1:04 am
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