Ontario announced it would be investing an additional $15,654,300 for Quinte Health hospitals on Friday.
The funding is part of the $965 million allotted by the government for publicly-funded hospitals in the province.
It represents a 7.7% increase to Quinte Health’s base funding, this following a 3.4% increase from the previous year.
In a release, the office of Bay of Quinte MPP Todd Smith says “the funding will help hospitals keep emergency departments open, support inflationary or other wage pressures, and reduce wait times for diagnostic imaging and surgical procedures (including MRI, CT, cardiac, stroke, neuro services, orthopedics, and cataracts) so that people can connect to care faster.”
“Today’s investment represents a hard-fought, long overdue step forward for communities served by Quinte Health. While one-time financial gestures have helped offset the ongoing operation of unfunded and underfunded beds necessary to serve our growing and aging population, this new permanent funding is categorically different,” President and Chief Executive Officer at Quinte Health, Stacey Daub, says in the release.
“This is an important step in an ongoing journey toward establishing the necessary funding levels critical to serve our community. This funding enables our mighty Quinte Health family to continuously improve and innovate as we expand to meet the growing needs of our population.”