Friday, March 8, 2013

Hospital Expects to File Deficit for Upcoming Year


Funding changes are affecting the Lake of the Woods District Hospital.

The province is going away with global funding and changing to a Quality Based Practices model.

The QBP model tracks the amount of procedures performed at hospitals and takes away funding to provide back over time.

As a result the Lake of the Woods District Hospital is expecting to file a deficit for the upcoming year of $887,000.

However, the board says they are not currently expecting to cut any services provided at the hospital.