SMH funding up two per cent, first hike in four years
Posted May 8,
The provincial government's 3.1 per cent increase to Ontario hospital
base funding announced in its 2017 budget, will provide Stevenson
Memorial Hospital with an increase of $370,900, raising its 2017-18
allocation to approximately $19 million.
SMH CEO Jody Levac told Free Press Online this afternoon via email the
two per cent increase in funding was welcomed following four years with
no increases to the base budget. That has meant finding costs to cover
various wage increases from within.
"I would state that it is definitely getting harder and harder to
balance the SMH budget due to the funding freeze," wrote Mr. Levac. "We
are also in a community that is facing increased growth and associated
volumes, and in a facility that is very tired."
Last month, SMH secured a $5 million commitment over the next 10 years
from Simcoe County's $30 million capital funding program for the
proposed hospital redevelopment.
"The future for SMH and its community will require ongoing and
sustainable financial revenues.".