Derek Sasamoto, the Commonwealth Healthcare Corp. chief financial officer, says that CHCC will acquire the $17-million deficit of the medical referral program if the operation was transferred to the corporation during the House of Representatives Ways and Means Committee budget hearings for fiscal year 2021 on Capitol Hill last July 13.<\/p>\n
Sasamoto shared his financial point of view of the Torres administration\u2019s proposal to transfer the Medical Referral Office operation, which is a $21-million program in terms of costs to CHCC.<\/p>\n
\u201cEvery year it is funded about $3 million. So every year there\u2019s a deficit of $17 million or more. Essentially, they are transferring that deficit to CHCC,\u201d Sasamoto explained to legislators.<\/p>\n
Additionally, he added that CHCC is already operating at a deficit of over $15 million for the uncompensated care. Also, CHCC does not have the funds for Medicaid match and has not been getting paid by the government agencies.<\/p>\n
\u201cWe really have to consider and really think hard about funding because you cannot fund that program for 40% and expect 100% execution,\u201d said Sasamoto. He added that transferring medical referral to CHCC is \u201canother mountain they have to climb.\u201d<\/p>\n
Sasamoto said that they have gone from $30 million in revenues to $60 million and CHCC has been doing their part to expand services, increase its revenue, and cleaning up their audit.<\/p>\n
\u201cRight now, we are battling so much from the past and many issues occur in the present, not to mention what\u2019s happening with the cash flow and COVID-19,\u201d he said.<\/p>\n
Sasamoto added that CHCC is operating on $90 million and for fiscal year 2021, they are requesting a budget of $33 million. However, the Governor\u2019s Office has proposed a $4.4-million funding for the hospital, 87% less than what CHCC is asking for.<\/p>\n
\u201cI am hearing we are going to get funded $4.4 million, but there might be a reduction of $2.7 million. Even at the $4.4 million level at a $21-million program, it is going to be at the $17.6 million deficit,\u201d he said. <\/p>\n
Sasamoto pressed lawmakers to settle upon if it is doable and make the decision to properly fund it. Sasamoto added that without the funding support, it can be \u201cvery difficult\u201d and that CHCC supports the proposal to transfer the medical referral program to CHCC. <\/p>\n
According to CHCC chief executive officer Esther Muna, the medical referral program has been \u201cbleeding a lot of money\u201d and she had been requesting in the past that the government should have invested that to CHCC, so they can offer that services.<\/p>\n
\u201cThat is one of the reasons why we have actually expanded it to have a cancer center here at CHCC. We did reduce the budget in total spending for oncology services by having our own oncologist here,\u201d Muna added. She says that she has heard from the community that they don\u2019t want to leave to get tertiary healthcare or specialty care outside.<\/p>\n
Should the administration push through with its proposal, Muna said they have to form a task force for the program. \u201cWe want to get everybody involved and not put the same burden that we had when we started the corporation,\u201d she said.<\/p>\n
According to Muna, when they started the corporation, the government threw them seed money and let them deal with the problems which cost CHCC their Centers for Medicare & Medicaid Services certification.<\/p>\n
\u201cIf they are going to transfer to us, please help us,\u201d Muna said.<\/p>\n
Rep. Tina Sablan (D-Saipan) commented that it is irresponsible on their part to throw the medical referral responsibility to CHCC and let them figure it out what to do. \u201cWe need to support this corporation if this is going to be the decision of the government.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Derek Sasamoto, the Commonwealth Healthcare Corp. chief financial officer, says that CHCC will acquire the…<\/p>\n","protected":false},"author":33,"featured_media":326458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[900],"tags":[],"class_list":["post-326442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/326442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=326442"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/326442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/326458"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=326442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=326442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=326442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}