Daugavpils Hospital: state participation could provide greater financial stability

Letting the state take over capital shares of Daugavpils Regional Hospital could offer greater financial stability, as LETA was told by the hospital’s board chairperson Inta Vaivode.
She said she sees no “major opposition” against the state becoming the hospital’s shareholder. Currently Daugavpils Hospital has three shareholders. Distribution of shares is a decision for the founders to make, said Vaivode.
“This isn’t something that can significantly improve or complicate the board’s everyday work,” said the board chairperson.
She mentioned that negotiations continue. It is still unclear what will happen. The process is also legally complex, because the decision needs to be made by three shareholders. Currently Daugavpils City Council owns 89.29% of shares in Daugavpils Regional Hospital, Augšdaugava County Council owns 8.42% of shares, and Riga Stradins University owns 2.29%, according to data from firmas.lv.

Daugavpils Regional Hospital could be the first hospital to become co-owned by the state. It was chosen for the pilot project “because of our financial difficulties”,

said Vaivode, adding that the government could reviewing the reforms for Latvia’s hospital network suggested by the Ministry of Health.
Last week, it was reported that Daugavpils Regional Hospital was in financial difficulties. Chairman of Daugavpils City Council Andrejs Elksniņš mentioned the state should participate in the country’s biggest hospitals as the owner. The executive director of Augšdaugava municipality, the hospital’s shareholder Pēteris Dzalbe said the state should take full responsibility for the healthcare sector.
Also read: Minister: this year the situation in hospitals “will be ok”
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