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Clarification: The Ottawa Hospital Continues its Journey to Excellence Despite Budget Challenge

January 30, 2013 – The Ottawa Hospital is on track to finish 2012-13 fiscal year, ending March 31, 2013, with a balanced budget. Today, TOH announced that it anticipates a funding shortfall of $31 million, or three per cent, on a $1.04-billion budget for the 2013-14 fiscal year, which starts April 1, 2013.

The initiatives that the hospital announced today will take place over the next 12 months.