The Ottawa Hospital


Revenue distribution 2022-2023


Ontario Ministry of Health and Long-Term Care
75
Sundry and ancillary
12
Patient services
10
Amortization of grants
2
Preferred accommodation and copayment
1

$1,826M (Budget $1,736M)

Explanations for revenue variance

Actual revenues higher than budgets due to unbudgeted revenues received during the year, including reimbursement for COVID-19 incremental costs, for new bedded capacity and volume funded activity not anticipated at the commencement of the fiscal year and due to recording of unearned revenues for volume-driven activity based on the Ministry of Health flexibility funding.

Expenditure distribution 2022–2023


Salaries
54
Other supplies
22
Medical and surgical supplies
7
Drugs and gases
7
Medical staff
5
Depreciation and amortization
5

$1,855M (Budget $1,757M)

Explanations for expenditure variance

Actual expenses higher than budget mainly due to incremental COVID-19 expenses incurred, which were partially reimbursed by the Ministry of Health, expenses for new bedded capacity, and retroactive wage adjustments resulting from the repeal of Bill 124.

Risks impacting the hospital

Risks resulting from the permanent impacts of pandemic, supply chain issues, health care human resource shortages and impacts from the repeal of Bill 124.

Non-Consolidated Financial Statements and Consolidated Financial Statements of The Ottawa Hospital. Year Ended March 31, 2023.

Ottawa Hospital Research Institute


Revenue distribution 2022-2023


External grants, contracts, salary awards
80
Indirect cost and investment income
7
The Ottawa Hospital Foundation
6
The Ottawa Hospital
6
University of Ottawa
1

$130M

Expenditure distribution 2022–2023


Research project expenses
71
Scientific salaries
17
Other research expenses
5
Administrative expenses
4
Amortization of capital assets
3

$136M

Top 10 sources of peer-reviewed funding


Top 10 sources of peer-reviewed funding
$23.66M
Canadian Institutes of Health Research
$5.23M
Michael J. Fox Foundation
$2.38M
Public Health Agency of Canada
$2.00M
The Ottawa Hospital Academic Medical Organization
$1.69M
Ontario Ministry of Health
$1.46M
The Canada Foundation for Innovation
$1.04M
Heart and Stroke Foundation of Canada
$0.99M
National Research Council
$0.85M
Ontario Institute for Cancer Research (OICR)
$0.83M
Stem Cell Network