Hospital receives $10 million in new funding

0

Content of the article

The North Bay Regional Health Center is receiving more than $10 million from the province to deal with lost revenue during the COVID-19 pandemic and to deal with operational and financial pressures.

Content of the article

In an announcement Friday morning at the health center, North Bay Regional Health Center President and CEO Paul Heinrich said the funding will help address uncertainty and “underlying financial pressures.” that are specific to the establishment.

The funding includes $2.2 million for revenue losses during the pandemic, such as lost parking revenue and candy store sales, while $8 million addresses “unique challenges” facing North Bay.

Heinrich explained that because the facility is both a primary care facility and a tertiary mental health facility, it has fallen through the cracks when it comes to funding.

“Without this funding, there would be tough days ahead,” Heinrich said.

“We have been under great pressure over the past two years” because of the pandemic, he said, pointing to the “unrelenting pressure” faced by medical and non-medical staff as well as pressure on the budget. basis of the establishment.

“I can’t say how important” the funding is to the continued operation of the facility, he said.

“It is extremely important.”

The $8 million contribution, he says, addresses “persistent structural deficits” that have been an ongoing problem since the facility opened.

The health centre, he says, offers specialized tertiary mental health services, which draw on a different provincial envelope than the facility’s primary care.

This funding, he said, “represents the province’s recognition of NBRHC’s specific underlying structural deficit related to funding levels.

Content of the article

“Receiving these funds removes the burden of financial uncertainty and will allow our team to focus on providing the best care to our patients.”

The hospital, said Nipissing MLA Vic Fedeli, has “gone above and beyond all of your duties” to support patients during the pandemic.

“There was no playbook, no playbook,” operating during a pandemic like this, Fedeli said, and “you came out on top.

“Every day we are getting a little closer to the other side of the pandemic”, and the hospital has “felt the financial difficulties”.

The funding is in addition to the $2.6 million the hospital received this year in covid reimbursements, an additional $1.9 million in covid reimbursements received in March and a $2.4 million increase in the hospital operating funding announced earlier.

Heinrich said the additional funding is deserved, but said while the one-time contribution to cover structural deficits is welcome, it must become a permanent boost to the hospital’s operating grants from the province. .

“The work is not finished,” he said. “The province recognizes our need, and that’s comforting for now. . . but we want it to be more than a one-time thing. We want it to be a permanent thing.

Heinrich also said the funding announcement will help boost staff morale, saying it means “we don’t have to worry about massive cuts” due to budget shortfalls.

“It’s a huge relief for me,” he said.

The health center has an annual budget of about $280 million, he said.

Share.

About Author

Comments are closed.