The Nueva EPS's lifeline would not be viable and raises doubts about the future of the health system in Colombia
Nueva EPS concentrates debts for $6.68 trillion with 227 hospitals in Colombia. Photo: Courtesy Nueva EPS
TL;DR
- President Petro plans to liquidate most EPS entities in Colombia, but Nueva EPS is to be saved.
- The plan involves the state settling debts with Nueva EPS, which owns half the company, to improve its financial situation.
- Experts like Augusto Galán and Ramón Abel Castanó question the viability of saving Nueva EPS due to its poor financial reporting and administrative issues.
- The funding for Nueva EPS is expected to come from the General National Budget.
- Industry associations like Andi and Paciente Colombia express concern that liquidating other EPS could disproportionately shift patients to Nueva EPS.
- Nueva EPS owes $6.68 trillion to 227 hospitals and clinics, with over $4.07 trillion in arrears exceeding 60 days.
- Despite potential capital injection, experts believe the underlying financial mismanagement of Nueva EPS will prevent objectives from being met.