The Listowel Wingham Hospital Alliance Board of Directors has approved operating budgets for both Listowel and Wingham.
A media release reported Listowel has budgeted a small surplus of $97,066 and expects an additional 1% funding which will result in a projected surplus of $254,035.
The release said Wingham has a budgeted a deficit of $318,554 and also expects an additional 1% funding resulting in a deficit of $180,835. The release pointed out Wingham has budgeted one-time legal fees of $85,000 to defend historical legal claims for which insurance coverage is not currently secured.
The board said a thorough review of contracts, revenue opportunity and expense allocations between sites will occur.
A Hospital Infrastructure Renewal Fund (HIRF) application was submitted for the WDH Generator ($398,600) and the LMH Heating Ventilation Air Conditioning 22/23 phase 1 ($863,683.)
