MAHC-Community-Health-Bulletin-Final
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Statement of Operations<br />
For the fiscal year April 1, 2015 to March 31, 2016<br />
Revenue<br />
79.3%<br />
10.8%<br />
3.7%<br />
6.2%<br />
Doug Rankin, Environmental Services Lead Hand,<br />
demonstrates the recycling sorting stations found<br />
throughout both hospital sites.<br />
Ministry of <strong>Health</strong> & Long-Term Care ...........................$59,160,465<br />
Patient Charges ............................................................... $8,061,818<br />
Other ................................................................................ $4,601,878<br />
Amortization of Deferred Equipment Contributions ..... $2,762,879<br />
TOTAL .............................................................................$74,587,040<br />
Silver Seal Award through the Ontario Hospital<br />
Association’s Green Hospital Scorecard,<br />
building on our previous Bronze Seal<br />
Awards in 2013 and 2014.<br />
But there are still challenges to sustaining<br />
targets and obstacles to achieving the<br />
targeted 50% waste diversion rate goal.<br />
Organic waste from the cook’s preparation<br />
area in the kitchen at the Huntsville site is<br />
being accepted by Huntsville <strong>Community</strong><br />
Living, who in turn uses it as compost in<br />
their community garden in exchange for<br />
providing the hospital with harvested fresh<br />
produce. <strong>MAHC</strong> is looking for a partner in<br />
South Muskoka who is interested in accepting<br />
“clean” organic material from the<br />
Bracebridge site.<br />
Work also continues on diverting scrap<br />
metal and construction waste from renovation<br />
projects, as well as electronic waste.<br />
QUICK FACTS:<br />
• <strong>MAHC</strong>’s waste diversion goal is 50%<br />
• In 2015, 133.54 metric tonnes of<br />
general waste went to landfill, a<br />
reduction of 37% since 2012<br />
• A 30% operational cost savings has<br />
been realized since 2012 through<br />
<strong>MAHC</strong>’s various green initiatives<br />
Expenses<br />
49%<br />
2.8%<br />
4.4%<br />
14.6%<br />
4.5%<br />
8.8%<br />
16%<br />
Salaries & Wages ..........................................................$37,296,435<br />
Employee Benefits.........................................................$11,136,792<br />
Supplies & Other ...........................................................$12,138,663<br />
Medical Staff Remuneration ..........................................$6,696,606<br />
Drugs ................................................................................ $3,421,116<br />
Medical & Surgical Supplies ...........................................$3,361,230<br />
Amortization of Equipment ............................................. $2,106,598<br />
TOTAL .............................................................................$76,157,440<br />
Muskoka Algonquin <strong>Health</strong>care completed the 2015-16 fiscal year in a $2 million<br />
deficit position. Detailed audited financial statements are available at www.mahc.<br />
ca/en/about/Annual_Reports.asp. It was the first time in five years that <strong>MAHC</strong><br />
has not been able to balance the annual budget. Hospitals are under enormous<br />
pressure to do more with less funding. <strong>MAHC</strong> continues to work diligently to try<br />
to operate within the <strong>Health</strong> System Funding Reform funding formula and to also<br />
improve our efficiency and financial performance. Despite this, we are forecasting<br />
a budget deficit of $3.4 million for 2016-17.<br />
2016 COMMUNITY HEALTH BULLETIN 17