Canadian hospitals lost $2 million last year
Most government-run hospitals lost money last year, group says.
Aug. 15—One hospital in Manitoba has found a way to make money while some others continue to lose, according to a report by the Canadian Taxpayers Federation.
The CTF obtained Freedom of Information data that shows government run hospital cafeterias lost $2.3 million in 2011-12 and $2.2 million in 2010-11. However, the CTF believes the Victoria General Hospital has found an appropriate model.
After partnering with private business Aramark Canada, the Victoria General Hospital turned a $186,851 loss in 2011-12 into a $25,591 profit in 2012-13; an increase of $212,442.