During the last few months, the public corporation created in 1978 has been led by a new executive director, Jorge Matta González. (Archivo / GFR Media)

The Medical Services Administration (ASEM, by its Spanish acronym) is facing a $358-million cumulative deficit, an amount that has increased over the years due to a combination of a chronic fund insufficiency problem and the Island’s precarious fiscal situation. Its debts amount to $523 million, the bulk of which comes from the $283.7-million loan they took out in 2010—a figure that already adds up to $322 million.

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