PASYKI criticizes OKYPY over state hospital financial losses
The Pan-Cyprian Union of Government Doctors (PASYKI) has formally expressed concern regarding the financial viability of public hospitals following reports of annual losses reaching tens of millions of euros. These figures were recently acknowledged by the Chief Financial Officer of the State Health Services Organization (OKYPY). PASYKI states that these deficits confirm their long-standing warnings about flaws in the existing hospital compensation model. The union argues that the current funding mechanism fails to adequately cover essential services such as 24-hour operations, emergency duty, and the management of complex medical cases. According to PASYKI, the state and OKYPY management previously dismissed these warnings as alarmist. The union now questions whether these financial issues are recent developments or long-term structural distortions that were neglected. They emphasize that the management of an autonomous organization bears responsibility for identifying problems in a timely manner and proposing effective solutions to ensure institutional sustainability. PASYKI maintains that public hospitals should not be judged solely on accounting metrics, as they fulfill a critical mission for the public good.