PASIG CITY -- The Philippine Health Insurance Corporation (PhilHealth) reported that it continues to pay hospital reimbursements, having released a total of P165.8 billion in claims from January 2020 to date.
In view of the challenges brought about by the pandemic in its operations, the state Agency has implemented the Debit-Credit Payment Method (DCPM) to allow for the fast release of funds to qualified hospitals nationwide that have signified intention to avail of the new payment mechanism while it processes their claims.
To date, PhilHealth has released two waves of payments amounting to P11.04 billion under the DCPM. It is set to release more funds for the third wave through its Circular 2021-0023 which took effect immediately upon publication on December 8, 2021.
Under the third wave, hospitals nationwide are qualified to apply as long as they are managing Covid cases and are offering the PhilHealth testing packages, have fully liquidated their IRM, and have no legal cases with PhilHealth.
The Corporation averred that hospitals in Iloilo City have been qualified to avail of the said mechanism ever since they started experiencing a surge in Covid cases early this year. It called on the seven hospitals to avail of the DCPM so as to expedite payments, thereby ensuring and protecting the welfare of the members in the said region. (PhilHealth)