Imaginary balanced budgets? Hospital gets a pass on $836,863 layoff costs.

The costs of laying off the staff at Brockville General Hospital ($836,863) are not being ‘held against’ the hospital's bottom line, according to the Brockville Recorder & Times.

Chief financial officer Steve Read told the paper that the hospital achieved a balanced budget in 2009-10 despite the one-time cost, based on the procedures of the Southeastern Local Health Integration Network (LHIN). In fact, according to the LHIN, Brockville General recorded a $228,524 operating surplus.  Read added that the hospital is moving forward without the burden of a budget deficit looming in the future.

 No concern is reported about imaginary balanced budgets in the present. 

The hospital cut 15 beds and 30 staff in March.


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