1/26/12

$15 to $22 million in hospital cuts forecast

Hamilton Health Sciences is warning that it will have to cut costs by $15 to $22 million, the Hamilton Spectator reports.  The range in cost cutting is based on funding increases in 2012-13 of either 0% or 1%.  


The hospital expects about 140 jobs will be affected, but says its goal is to accomplish the cuts  through attrition rather than layoffs. 


The hospital Executive Vice-President, Murray Glendining, told the Spectator that  he is getting “a little nervous” the hospital won’t get the 1 per cent increase.

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