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Posts tagged "Budget"

  • The Ottawa Hospital adjusts spending to balance its 2015-16 budget

    March 24, 2015 — Faced with annual expenses that are rising faster than revenue, The Ottawa Hospital will reduce spending to achieve a balanced budget in 2015-16. Outlook for fiscal 2015-16 Over the next fiscal year, which starts April 1st, the hospital will identify $26 million in savings, or 2.4 per cent, on a total budget of $1.082 billion. Under a new provincial funding model, the hospital’s revenue has levelled off since 2012. Meanwhile, expenses, […]

  • The Ottawa Hospital Continues its Journey to Excellence Despite Budget Challenge

    January 30, 2013 – The Ottawa Hospital’s 2013-14 budget reflects a new era of hospital funding in Ontario, which is both an opportunity and a challenge. It’s an opportunity for The Ottawa Hospital (TOH) to look closely at how it delivers services in the most cost-effective way possible, while maintaining the highest standards of patient care and safety. The budget is also a challenge because TOH, like most Ontario hospitals, is facing unprecedented demand from […]

  • The Ottawa Hospital Announces 2011/2012 Operating Plan

    April 15, 2011 – The Ottawa Hospital (TOH) today announced its plan to maintain existing service levels and balance its tenth consecutive budget for the 2011/2012 fiscal year. The 2011/2012 Budget supports the TOH Operating Plan to: Meet the full scope of the accountability agreement with the Local Health Integration Network (LHIN) and preserve service levels aiming for occupancy rates of 98.5%. Maintain its focus on quality of care and patient safety initiatives Continue its […]