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Rating Approach To Italian Health Care Entities' Renegotiated Commercial Obligations May 06 Product Image

Rating Approach To Italian Health Care Entities' Renegotiated Commercial Obligations May 06

  • ID: 1723220
  • May 2006
  • Region: Italy
  • Standard & Poors

FEATURED COMPANIES

  • Campania (Region of)
  • Lazio (Region of)
  • Liguria (Region of)
  • Lombardy (Region of )
  • Marches (Region of)
  • Region of Abruzzo
  • MORE

Abstract
With few exceptions, payments from Italian regional health care systems to their suppliers significantly exceed the due date, taking up to 200 to 600 days for some categories of medicines, according to Assobiomedica, the national association for diagnostic and medical technologies. The debtors are the regional health care units (HCUs), comprising "aziende sanitarie locali" (ASL; local health care corporates) and "aziende ospedaliere" (AO; hospitals). Since 2001, and as a result of the structural underfunding of the health care sector and delays in the payment of state transfers, they have built up a considerable amount of commercial debt. The costs deriving from this liquidity shortage in the Italian health care system were exacerbated by the 2002 implementation of European directive 2000/35/CE,...

Companies mentioned in this report are:
- Lazio (Region of)
- Valle d'Aosta (Autonomous Region of)
- Emilia-Romagna (Region of)
- Marches (Region of)
- Region of Abruzzo
- Friuli-Venezia Giulia (Autonomous Region of)
- Lombardy (Region of )
- Umbria (Region of)
- Region of Tuscany
- Sicily (Region of)
- Liguria (Region of)
- Campania READ MORE >

Note: Product cover images may vary from those shown

- Lazio (Region of)
- Valle d'Aosta (Autonomous Region of)
- Emilia-Romagna (Region of)
- Marches (Region of)
- Region of Abruzzo
- Friuli-Venezia Giulia (Autonomous Region of)
- Lombardy (Region of )
- Umbria (Region of)
- Region of Tuscany
- Sicily (Region of)
- Liguria (Region of)
- Campania (Region of)

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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