The Ottawa Hospital
Revenue distribution 2024-2025
Ontario Ministry of Health and Long-Term Care
73
Sundry and ancillary
14
Patient services
10
Amortization of grants
2
Preferred accommodation and copayment
1
$2,159M (Budget $2,015M)
Explanations for revenue variance
Actual revenues are higher than budgets due to additional funding received to offset expenses related to the repeal of Bill 124, higher than expected Ministry of Health Global and Growth & Efficiency Model (GEM) revenues, and higher than budgeted patient related revenues due to increased patient care activity across the hospital.
Expenditure distribution 2024–2025
Salaries
54
Other supplies
20
Medical and surgical supplies
7
Drugs and gases
9
Medical staff
5
Depreciation and amortization
5
Interest
0
$2,150M (Budget $2,082M)
Explanations for expenditure variance
Actual expenses are higher than budget mainly due to increased salary & benefits costs associated with inflationary increases, increased expenditures associated with supporting the increase in patient care activity, and other inflationary cost pressures related to contracts and supplies.
Risks impacting the hospital
Risks resulting from growth in patient volumes, inflationary pressures, supply chain issues due to tariffs, aging infrastructure and workforce sustainability.
Ottawa Hospital Research Institute
Top 10 sources of peer-reviewed funding
| Amount | Source |
|---|---|
| $22.1M |
Canadian Institutes of Health Research
|
| $5M |
Canada Biomedical Research Fund / Biosciences Research Infrastructure Fund
|
| $4.8M |
Michael J. Fox Foundation
|
| $3.3M |
Canadian Cancer Society
|
| $2.7M |
The Ottawa Hospital Academic Medical Organization
|
| $1.6M |
BioCanRx
|
| $1.3M |
Stem Cell Network
|
| $1.2M |
Mitacs
|
| $1.1M |
Canada First Research Excellence Fund
|
| $0.9M |
Ontario Institute for Cancer Research
|