Pegasus PHO ends year with surplus

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Pegasus PHO ends year with surplus

Pegasus House - home of Pegasus Health and 24 Hour Surgery, Christchurch
Pegasus Health has reported its PHO made a $320,000 surplus for the 2018-19 year
Pegasus Health chair Vince Barry says the annual report shows the company was financially sound and he was “quite comfortable with the present financi

Comments

Is it  true  that  the  Pegasus  PHO   model and  charity   set up   facilitates  funding  and  surpluses  to  be  distributed to   share holders ?This  also  seems to  be the  case  with  Western BOP  PHO. If this  is  the case  why  can't the   trust structure that  enables  the payment  of surpluses   to    worker / GPs  by  implimented across the   whole country ?