PhilHealth Reflects Second Version of MRI for Covid-19 Hospitals
The Philippine Health Insurance Corporation (PhilHealth) is seriously considering releasing a second installment of its Interim Reimbursement Mechanism (IRM) or emergency cash advance to help hospitals have the cash flow needed to better respond to the growing number of patients. patients with Covid-19.
The agency said it would review each hospital’s use of the first tranche of MRI and ask them to start liquidating said funds to be eligible for the second tranche.
The second wave of MRI funds – equivalent to three months of their claims – will be made available to Covid-19 hospitals, especially those in high concentration areas. Reports indicate that the National Capital Region (NCR), Regions 3, 4 and 7 have reached full capacity or critical levels. Overall, however, nationwide admissions were just over 50 percent, mostly to Level 3 or leading referral hospitals.
To date, PhilHealth has already released a total of 14.7 billion pesos to 681 hospitals nationwide in its first wave, of which 7.6 billion pesos or 52% has gone to private institutions. Of this total, almost 4.2 billion pesos or 29% went to the NCR, followed by PRO 4-A (Calabarzon) at 1.2 billion pesos or eight percent, and PRO 3-A (Central Luzon) to 1.1 billion pesos or seven PhilHealth assures the public that they have sufficient funds, ensuring that all patients, whether they are Covid-19 or not, receive adequate care, as required the