RECORD DEFICITS AT ONTARIO HOSPITALS
Posted by news | Filed under All News Stories, Durham, Healthcare
For the second year in a row, more than one-third of Ontario hospitals are bleeding red ink, amounting to a $107-million shortfall. Director of Communications for Lakeridge Health Arnell Schiratti says despite early predictions, they managed to balance the books. The financial picture of Ontario hospitals is largely unchanged from the previous year, as figures show 61 hospitals or 38 percent have reported a deficit in the fiscal year that ended March 31st.
