GMH finances could recover as Bill 250 signed
by Krystal Paco
Guam - It appears the Guam Memorial Hospital's flatlined finances could be back in stable condition.
As we brought you yesterday, Governor Eddie Calvo called an emergency session for lawmakers to address Bill 250 that pushes GMH's $25 million loan forward. All this in the midst of hospital vendors threatening to end services if they fail to receive payments by the end of the month.
As GMH administrator Joseph Verga tells KUAM, he's thankful lawmakers voted in favor of the legislation.
Just this morning Verga confirms he received an inquiry from the Health and Human Services Debt Collection Department about payment for Perry Point's debt further illustrating the urgency of the matter.
Governor Calvo signed the bill this afternoon.