Top Tweets for #Hiqa

HIQA has published its annual financial statements for 2025, revealing significant expansion in both income and operational expenditure. Total income rose to €52.2M in 2025 (up from €46.1M in 2024). The main driver remains State funding via the Department of Health, which provided €32.6M (up from €29.3M). Annual registration fees from service providers generated €7.6M, with remaining income at €12M. Total spending climbed alongside revenue to reach €52M (up from €45.5M). This left HIQA with a net surplus of €222,232—down sharply from €657,655 in 2024. Accumulated revenue reserves now stand at €3.3M. Staffing costs represented the single largest expense, jumping to €40.2M (up from €34.3M). The watchdog's whole-time equivalent (WTE) workforce grew to 469 (up from 417), with average headcount reaching 447. The Office of the Chief Inspector of Social Services remains the largest division with 186 staff on average. Consultancy spend reached €1.6M, heavily driven by digital and data transformation (€746k), governance & strategy (€423k), and legal advice (€402k). Legal proceedings fees nearly doubled to €299,076 as HIQA dealt with 26 legal cases during the year. The agency also incurred €121,208 in non-standard legal procurement after its panel law firm declared a conflict of interest right before a court case, leaving no time for a standard tender process. Other Major Expenses: Support costs (€5.3M), establishment costs (€2.9M), professional fees (€2.3M), and travel/subsistence (€1.1M). Despite rising operational overheads, legal hurdles, and digital transformation investments, HIQA maintains a stable reserve buffer of €3.3M and €3.7M in cash equivalents. #HIQA #Governance #HealthCareManagement #Finance https://t.co/DoVP989Iu1