Spanish public debt to pharma suppliers in hospital medicines market at lowest level since 2006

The Spanish Autonomous Regions’ debt on payments for medicine supplied to the National Health hospitals dropped by around 30% with regards to the previous month.

Payments made by the Regions’ Financing Fund through the Autonomous Liquidity Fund (FLA) and the Finance Facility Fund, have established the debt to be around 2.20 billion euros ($2.4 billion) at the end of 2015; this is the most likely forecast, however is subject to  final consolidation.

Hence, all figures seem to indicate that 2015 closed its fiscal year with 13% less debt in the public hospital medicines market compared to 2014, which accounts for the best results seen since 2006 when debt sat at 2.14 billion euros, fixing the current figure in parameters that haven’t been registered since before the crisis.