WILLEMSTAD - The Curaçao Medical Center (CMC) will undergo a major financial restructuring, as outlined in the government’s Supplementary Budget for 2025. A combined package of structural support and capital injections—totalling more than Cg 145 million—is intended to restore the hospital’s financial health and secure long-term stability.

Annual Structural Support

Starting this year, the government will allocate Cg 58 million annually to strengthen CMC’s operations, including:

Cg 18 million for capital charges related to the hospital building 

Cg 10 million for care provided to uninsured patients 

Cg 10 million for operational support 

Cg 3 million to improve working conditions for hospital staff 

Cg 9 million added to the annual care budget 

Cg 8 million in efficiency savings to be achieved by CMC itself 

Capitalization of Hospital Entities

To eliminate unfunded investment reserves and years of accumulated deficits, the government will inject:

Cg 87 million into CMC Vastgoed (Real Estate) 

Cg 24 million into CMC Exploitatie (Operations)

These injections will be processed as balance-sheet transactions, meaning they will not impact the ordinary service of the national budget.

The government has emphasized that these capitalizations are tied to governance reforms. CMC’s operational entities must comply with Curaçao’s Corporate Governance Act before final approvals are granted. The reforms are currently in progress. “This is a crucial step to stabilize healthcare delivery on the island,” the Ministry of Finance notes, projecting that the balance-sheet adjustments will be finalized before the end of 2025.