Ontario Hospitals Running Deficits
Wednesday, October 14th, 2009Cambridge Memorial Hospital is not the only Ontario hospital dealing with a deficit.
A new study shows that one third of Ontario’s hospitals are in the red.
The figures, released by the Ministry of Health, show that 61 of the province’s 159 public hospitals had deficits at the end of March. N-D-P health critic France Gelinas says hospitals will have to cut services and staff to balance their books, and that’s not good news for anyone.
The deficit at Cambridge Memorial Hospital is $5-million and the province has appointed a supervisor to help balance the books. Across Ontario, the hospitals with the biggest shortfalls included the Niagara Health System with a nearly $19-million deficit. and Toronto’s Hospital for Sick Children which had a nearly $13-million dollar deficit.