Oireachtas Joint and Select Committees

Thursday, 5 July 2018

Public Accounts Committee

2017 Financial Statements of the HSE
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 - Department of Health

9:00 am

Mr. Jim Breslin:

We concluded an agreement with the industry and that agreement increase in 2016. When product was ordered at the end of the year, the manufacturer, before the agreement, would have given us a rebate of 5.25% and we negotiated an uplift of 5.5%. We estimated that that would deliver us €50 million per year in winning that concession. That is a saving overall on that agreement that we estimate to be about €600 million. That was an agreement done by the HSE, the Department of Health and the Department of Public Expenditure and Reform.

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