GRH approves budget
Posted Mar 23, 2010 03:16:57 PM.
This article is more than 5 years old.
Grand River Hospital has approved a 300 million dollar budget contingent on a two per cent increase in provincial funding.
The budget is worth about 10 million dollars more than last year.
Items that account for the increase are salaries, excluding executives making more than 150 thousand dollars a year, who will not get a pay hike.
Supply and drug costs are also going up, with the cost of cancer medications rising 15 per cent.
President Malcolm Maxwell says that if they do not get a two percent increase in government funding, they will be forced to make service reductions.
The hospital already announced layoffs for 34 nursing and service staff in November to help eliminate its deficit.
