LOMA LINDAS hospital has warned of dire financial consequences if a major redevelopment plan is not put into place to improve its operations.
Key points:The hospital has been hit by a series of major changes to its operationThe hospital is facing a $7.5 million write-down for a major renovation projectLoma Linda Hospital (LUL) will face a $700 million write down for a $13 million renovationProjects are already underway at two other Loma Linda hospitals in New South Wales.
But the hospital’s CEO has said a major restructuring of the hospital is now necessary.
Loma LINDAs head of financial services, John Kelly said there was “no-one else who could have foreseen the level of change” in the financial sector in Australia, with some hospitals having to make “hard choices” in their financial strategy.
“It is absolutely critical that Loma Lenas continues to grow and we have a very good plan in place to make sure that we are providing excellent care and quality of life to the patients and staff that we serve,” Mr Kelly said.
“If we don’t have that, there’s a risk that we could see a deterioration in the quality of care and services to our patients and our staff.”
The hospital had previously faced severe financial challenges due to the complex reorganisation of its operations following the closure of its hospital on St Joseph Street.
However, a series.
of major projects were underway at the time, including the $7 million upgrade of the LUL St Joseph’s and St John’s wards and the construction of the new St Peter’s Hospital.
Mr Kelly said the hospital had “no choice” but to seek financial assistance from the Australian Government to address the financial difficulties that were now looming.
“We’ve had an absolute historic earthquake at Loma Lisas, and I think there are no-one better to be in the position to address that and to make those investments,” he said.LISA LINAS hospital, near Adelaide, was founded in 1894 and has been in operation since 1932.
Key Points:LISA LINDas head of finance, John Cianci, has called for a restructuring of LomaLinda’s financesLISALINAS hospital chief executive John Kelly says it is “critical” to keep the hospital running for patients and their familiesIt is expected to cost taxpayers $735 million to complete the renovations and rebuild the Lula Linda hospital.
But Mr Kelly has warned that the hospital has to continue operating because “our business model has not been sustainable”.
“There is no doubt that if we’re not able to continue to operate, the financial situation for our patients, staff and the community is going to be very dire,” Mr Cianca said.
Mr Ciancas’ comments came after LISA LINas hospital CEO John Kelly told the ABC that the financial problems of the facility were now “almost irreparable”.
“The Lula Lisas Hospital has been under financial stress, that’s what we’re going through,” Mr Walsh said.”[But] our plan is to take all that off the table and make sure we can rebuild the hospital.”‘
It’s not going to last forever’Mr Kelly warned that “this is not going away”, saying LISALINas hospital was facing a significant write-off.”LISA Linda is in a very tough position because it’s a public hospital, it’s in a big city,” Mr Farr said.
He said the financial pressures would only become worse if the hospital was not able “to make those hard choices”.
“It’s going to take us a while to sort that out.
I’m afraid we’ll see that in a few years,” he told ABC Radio Adelaide.
Liza Linda is the second hospital in New Zealand to close.
It was built in 1903 and was the first hospital in the country to serve the poor.
The hospital opened in 1923 and became the first public hospital in Australia.LISA LINAS was founded by a group of Irish settlers who came to the island from Ireland.
The new hospital was designed to provide a modern medical service and was one of the first hospitals in Australia to offer free primary and community care to the poor and working class.
Its modern building has been a model for other hospitals around the world, including Loma Maca and Loma Bay.