In 2019, Our Lady’s Hospital Navan had a budget of €48 million. As of May 2024, the budget for the hospital stands at €72 million. The budget for the last 5 years for Our Lady’s Hospital, Navan was:
• 2023 - €76,000,000
• 2022 - €65,000,000
• 2021 - €63,000,000
• 2020 - €58,000,000
• 2019 - €48,000,000
Approximately 70% of the budget for the hospital is allocated to staff costs. It is not possible to provide a separate budget for the Emergency Department.
The HSE Annual Report and Annual Financial Statements describe how services have been delivered each year and the HSE National Service Plan explains the services that are funded by the budget.
The National Financial Regulations (NFRs) help the HSE to make financial decisions and transactions. All staff across the HSE have a responsibility to be aware of the NFRs, how they apply to the day-to-day operations of their work.
The NRFs set out minimum requirements that must be followed in order to be compliant.
The minimum requirements include:
• Irish and EU statutory requirements
• Achievement of Best Value for Money
• Government policies and guidelines
Specifically within Our Lady’s Hospital, Navan hospital there has been considerable public capital investment in recent years, including:
• Upgrade to canteen and conference area completed 2024.
• Additional external parking provided and completed 2023.
• Upgrade of the mortuary at Our Lady's Hospital, Navan – complete in 2023.
• New Reception area completed 2023.
• Ward Refurbishment – complete 2022.
• Modifications to Theatres – complete 2021
The recently-announced Budget allocation for health includes significant increases on 2024 in the area of Acute Hospitals with an overall increase of 22% to €9.9 billion.