The Ottawa Hospital
Revenue distribution 2022-2023
Ontario Ministry of Health and Long-Term Care
75
Sundry and ancillary
12
Patient services
10
Amortization of grants
2
Preferred accommodation and copayment
1
$1,826M (Budget $1,736M)
Explanations for revenue variance
Actual revenues higher than budgets due to unbudgeted revenues received during the year, including reimbursement for COVID-19 incremental costs, for new bedded capacity and volume funded activity not anticipated at the commencement of the fiscal year and due to recording of unearned revenues for volume-driven activity based on the Ministry of Health flexibility funding.
Expenditure distribution 2022–2023
Salaries
54
Other supplies
22
Medical and surgical supplies
7
Drugs and gases
7
Medical staff
5
Depreciation and amortization
5
$1,855M (Budget $1,757M)
Explanations for expenditure variance
Actual expenses higher than budget mainly due to incremental COVID-19 expenses incurred, which were partially reimbursed by the Ministry of Health, expenses for new bedded capacity, and retroactive wage adjustments resulting from the repeal of Bill 124.
Risks impacting the hospital
Risks resulting from the permanent impacts of pandemic, supply chain issues, health care human resource shortages and impacts from the repeal of Bill 124.
Non-Consolidated Financial Statements and Consolidated Financial Statements of The Ottawa Hospital. Year Ended March 31, 2023.
Ottawa Hospital Research Institute
Revenue distribution 2022-2023
External grants, contracts, salary awards
80
Indirect cost and investment income
7
The Ottawa Hospital Foundation
6
The Ottawa Hospital
6
University of Ottawa
1
$130M
Expenditure distribution 2022–2023
Research project expenses
71
Scientific salaries
17
Other research expenses
5
Administrative expenses
4
Amortization of capital assets
3
$136M
Top 10 sources of peer-reviewed funding
| Amount | Source |
|---|---|
| $23.66M |
Canadian Institutes of Health Research
|
| $5.23M |
Michael J. Fox Foundation
|
| $2.38M |
Public Health Agency of Canada
|
| $2.00M |
The Ottawa Hospital Academic Medical Organization
|
| $1.69M |
Ontario Ministry of Health
|
| $1.46M |
The Canada Foundation for Innovation
|
| $1.04M |
Heart and Stroke Foundation of Canada
|
| $0.99M |
National Research Council
|
| $0.85M |
Ontario Institute for Cancer Research (OICR)
|
| $0.83M |
Stem Cell Network
|