Tag Archives: Budget

Hospital margins improve significantly in May, but are still below budget and 2019 levels

Due to the COVID-19 pandemic, hospital margins, volumes and revenue performance have all experienced a brutal couple of months. In May, there were signs of financial improvement — significant, in some cases — but margins are still below 2019 levels, and still below budget, according to the latest Kaufman Hall Flash Report.  The improved margins… Read More »

Public Health Ontario suffered exodus of senior leaders and budget cuts before the COVID-19 pandemic struck

Article content continued These staff changes have not impacted PHO’s ability to respond to the pandemic Nicholas Paul, who as recently as January of this year, was PHO’s laboratory operations director, was removed from the agency’s online leadership chart sometime before March. He couldn’t be reached for comment. John McLaughlin, Crowcroft’s predecessor as chief scientist,… Read More »

Post-acute providers often lack budget to implement critical health IT

Almost one in five post-acute facilities have been operating at negative margins for the past five years or longer, a BlackBook survey of 1,640 providers of long-term and post-acute care revealed, and 84 percent of post-acute administrators report having no budgeted funds for technology acquisitions or improvements in 2019. Post-acute care providers are at continued… Read More »