A $10.3 million equity support injection has been provided to the Hawke's Bay District Health Board to maintain its cash flow.
The money, which was due to be paid on June 28 by the Ministry of Health, was granted by Health Minister, Dr David Clark.
In a letter to board chairman, Kevin Atkinson, on June 25, Clark says: "In providing this equity injection I remind the DHB of my expectation that it will act in a financially responsible manner and manage within the allocated funding."
It is not intended to address the DHB's deficit position and will have no effect in this regard.
"I am advised that the DHB sector is experiencing considerable and unsustainable liquidity pressure, with a significant number of DHBs now drawing on overdraft facilities culminating in a forecast cash shortfall in early July 2019."