• PCSO releases P66-million endowment funds for 2014


    The Philippine Charity Sweepstakes Office (PCSO) has approved the release of P66.2 million in endowment funds for 2014.

    The PCSO Board of Directors’ move was in response to requests of 63 public hospitals to make available the endowment funds for their poor patients.

    According to PCSO Vice Chairman and General Manager Jose Ferdinand Rojas 2nd, the amounts given to the hospitals range from P300, 000 to P5 million, depending on bed capacity and services offered, among others.

    “The PCSO endowment funds make it more convenient and less expensive for needy patients to access medical services in hospitals in their areas,” Rojas said.

    Ten of the beneficiary hospitals are run by the Department of Health (DOH).

    Receiving P3 million each are East Avenue Medical Center in Quezon City and Baguio City General Hospital and Medical Center.

    Getting P2.5 million each will be Lung Center of the Philippines, National Children’s Hospital and Philippine Children’s Medical Center, all in Quezon City; Tondo Medical Center in Manila; and Davao Regional Hospital in Tagum City, Davao.

    To receive P2 million each are Amang Rodriguez Memorial Hospital in Marikina City (Metro Manila) and Bataan General Hospital in Balanga, and P1.5 million for Caraga Regional Hospital in Surigao City.

    Of the 53 devolved hospitals that will also be receiving PCSO assistance, five are in the National Capital Region (NCR) or Metro Manila.

    Of these, Philippine General Hospital (PGH) will be receiving P5 million; Caloocan City Medical Center, P1 million; and Santa Ana Hospital, P1 million.

    The 48 other public hospitals located in Regions I to XII as well as the Cordillera Autonomous Region (CAR), Caraga Region and Autonomous Region in Muslim Mindanao (ARMM) and two others in NCR, will receive amounts varying from P1.5 million to P300,000.

    The PCSO endowment funds are intended to pay for the medical expenses of the hospitals’ charity patients under existing PCSO rules and guidelines.

    “We are extending PCSO’s presence nationwide particularly in Mindanao,” Rojas said, citing the Datu Halun Sakilan Memorial Hospital in Tawi-Tawi as a recipient of the endowment funds.

    All beneficiary hospitals are required to submit proof of liquidation of the endowment funds in accordance with Commission of Audit and other applicable laws, rules and regulations.

    The other members of the PCSO Board are Betty Nantes, Aleta Tolentino, Mabel Villarica-Mamba and Francisco Manuel Joaquin 3rd.


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