Privatizing HealthcaMore Private Funding of Hospitals

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A Socialist Project e-bulletin .... No. 1452 .... July 21, 2017
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Privatizing Healthcare:
More Private Funding of Hospitals

Doug Allan

The Canadian Institute for Health Information (CIHI) reports that total expenditures on Ontario hospitals increased to $23.7-billion in 2016. This is an increase of 2.4% since 2015 and 6.1% since 2012. While provincial government expenditures increased 4.7% over the four years between 2012 and 2016, private sector expenditures on hospitals increased at a much faster rate -- 15.8%. That is more than three times the percentage increase of the provincial government increases.

Private sector expenditures increased $124.9-million in 2016 to $3.62-billion. That was a typical increase. The four year private sector increase was $493.1-million, averaging $123.3-million per year. That's a lot more than chump change.

Hospitals are now relying significantly more on private sector... funds. In 2012 private sector expenditures accounted for 13.99% of total expenditures on hospitals but by 2016 they accounted for 15.27%.

Looking deeper, this in fact continues a decades long trend of an increasing portion of expenditures on hospitals coming from the private sector.

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