Strategic Planning at Sunnybrook Creating a sustainable future for the organization and those we serve

Strategic Planning at Sunnybrook Creating a sustainable future for the organization and those we serve Funding Chapter Six

Maintaining Our Commitment to High Quality Patient Care Adequate funding is critical to ensure that we can continue our commitment to caring for patients and their families when it matters most. Our staff work hard to maintain our levels of efficiency and continue to improve the financial health of the hospital, despite high demand for services. Sunnybrook has finished the last seven years without a deficit. next

How is the hospital funded? Health Based Allocation Model, or HBAM, is a relatively new funding model in Ontario. HBAM uses a number of considerations, like historical service volumes, expected population growth and health care access patterns in a specific region, to predict how many services each hospital should be providing each year and the cost for each service. service volumes population growth health acccess care patterns HBAM Number/cost of services next

Quality Based Procedures Quality-based procedures are groups of services for specific types of patients that require similar care. Hospitals are reimbursed for the types and quantities of patients they treat, using ‘prices’ based on efficiency and best practices that are adjusted for each procedure. next

What are examples of Quality Based Procedures? In April 2012, the Ontario Ministry of Health and Long Term Care introduced the first four Quality Based Procedures: ① Hip replacement ② Knee replacement ③ Dialysis and other treatments for chronic kidney disease ④ Cataract surgery next

How is Sunnybrook doing? The funding models are still quite new, but preliminary results released in March 2013 show that Sunnybrook continues to be performing very well in its peer group of large teaching hospitals. Sunnybrook also has one of the lowest administrative costs, at 8.4 per cent, among Toronto teaching hospitals. next