Philippine Red Cross (PRC) Chairman Senator Richard Gordon stated that PhilHealth's debt to the organization has reached P1.1 billion.
Gordon confirmed that the PRC is amenable to PhilHealth's proposed payment of P930 million for the overdue balance of COVID-19 testing.
He emphasized that the remaining balance must be paid within three days to allow the PRC to replenish its cash reserves for purchasing testing supplies.
Gordon expressed concern that PhilHealth's continuous request for testing services without prompt payment has strained the PRC's finances.
The PRC previously warned of potential bankruptcy if the debt remains unsettled.
The humanitarian organization is almost out of test kits and may have to cancel a chartered flight to China for test kits if PhilHealth fails to pay the debt within the day.
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