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Ontario hospitals say they have $1 billion in funding needs
Hospitals face rising deficits despite a 4% funding increase and government support, driven by inflation, population growth, and labour costs, Ontario Hospital Association says.
- Ontario hospitals are facing a $360 million deficit for 2024-25 and say they require an extra $1 billion this year to manage increasing financial challenges.
- These increased demands stem from persistent cost drivers such as population growth, inflation, and higher complexity of care, which leaders like Melissa Prokopy identified as long-standing issues.
- For the third consecutive year, the sector benefited from a four per cent increase in funding, and the spring budget allocated as much as $1.1 billion in additional government support.
- The Ontario Hospital Association highlighted that hospitals have been dealing with these challenges for years and stressed the importance of long-term, consistent planning to address ongoing issues.
- Hospitals are entering 2025-26 faced with last year’s deficit, prompting calls for further government action as the fall economic statement approaches.
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16 Articles
16 Articles
Ontario hospitals say they have $1 billion in funding needs
Ontario hospitals need an additional $1 billion this year to keep pace with factors such as population growth and inflation, leaving them facing pressures far higher than the deficits they faced just at the end of last year, their association says.
·Canada
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Total News Sources16
Leaning Left7Leaning Right2Center2Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 18%
R 18%
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