Jun. 14, 2012
Strengthening accountability and relationships, St. Joseph’s Health Care London and St. Joseph’s Health Care Foundation presented their joint annual meeting for the 2011-2012 fiscal year today. An interactive live and virtual town hall format injected first-hand storytelling and real time voices of the community.
The stories of care, teaching and research reinforced St. Joseph’s vision of earning complete confidence in its mission across its wide range of programs and services.
One of those stories was from Wes Vick, 31, who was in a dirt bike accident nine years ago which left him paralyzed from the waist down. In his remarks, Wes, who is now training for a wheelchair marathon, stated, “I was devastated when I was told I would never walk again, scared at the thought of rehab, and unable to accept things would return to normal. I owe a lot to the Parkwood care team and attribute much of my success to their focus on rehabilitation which changed my life, and the lives of many in the region.”
The 2011/2012 care and financial results reported at the meeting showed St. Joseph’s maintained patient care levels and ended the fiscal year with a Generally Accepted Accounting Principles (GAAP) surplus of $8.1 million – a remarkable achievement considering the complex changes and transitions that took place during the past year.
“These results were made possible by implementing over $7 million in budget efficiency savings,“ stated St. Joseph’s board chair, Marcella Grail. ”We are grateful to all who worked hard to bridge the gap between increasing inflation on expenditures and decreasing base funding levels.”
Supporting St. Joseph’s care, teaching and research mission, capital investments during the year totaled $51.5 million. Of this total, $37.6 million was spent on building projects and $13.9 million on capital equipment. These expenditures were supported by $15.7 million in internal funds and $35.8 million in external funds, mainly through contributions from the provincial government and the St. Joseph’s Heath Care Foundation.
The technology component of the meeting was provided through a virtual town hall format that allowed people to view the meeting via the web and submit their questions during the live presentation. St. Joseph’s president and CEO, Dr. Gillian Kernaghan, addressed questions and stated, “It’s about the quality of our presence, every day and in all we do. We are at an exciting place as we move from years of renewing facilities and moving through restructuring – now it’s about care and innovation all centred on the future needs of our community and region.”
Other Key Highlights
In 2011-2012, significant quality improvements were seen in in decreasing cancer surgery wait times from 124 days to 62, and increasing hand hygiene rates from 70 percent to 82.7 percent.
This past year St. Joseph’s received Accreditation with Exemplary Standing from Accreditation Canada. This is the highest rating of overall performance by a health care organization under Accreditation Canada’s national standards, including 35 required organizational practices focused on patient safety and quality.
A new three-year strategic plan was introduced that sees St. Joseph’s supporting all areas of care with an emphasis on breast care, cognitive vitality and integrated complex chronic disease management over the next three years. The plan also focuses on strengthening St. Joseph’s performance in the quality of care for patients, the environment for staff members, and the commitment to research and innovation.
New Board appointed for 2012/2013
The 2012/13 board governing St. Joseph’s Health Care London was announced at the annual meeting:
Marcella Grail (Chair)
Margaret McLaughlin (Vice Chair)
Pravin Batohi, MD
Robert DiCecco, MD
Gillian Kernaghan, MD (CEO)
Rob McFadden, MD
Fr. Terrence McNamara.
Michael Strong, MD
David Van Trigt
Review the annual reports and audited financial statements for St. Joseph’s Health Care London
For more information:
Anne Kay, Communication and Public Affairs
519-646-6100, ext. 42470
About St. Joseph’s Health Care London
Renowned for compassionate care, St. Joseph’s is one of the best academic health care organizations in Canada dedicated to helping people live to their fullest by minimizing the effects of injury, disease and disability through excellence in care, teaching and research. CARING FOR THE BODY MIND & SPIRIT SINCE 1869.