Financial performance
Each year, St. John's Rehab Hospital signs a Hospital Accountability Agreement for financial performance and clinical utilization with the Central Local Health Integration Network (LHIN) of the Ministry of Health and Long-Term Care.
To provide health care effectively, St. John's Rehab Hospital must be financially healthy. The following indicators represent our financial commitments to the LHIN and to the public.
Current ratio
Ratio of current assets to current liabilities
| Period | Apr 2006 - Mar 2007 (fiscal year) |
Apr 2007 - Mar 2008 (fiscal year) |
Apr 2008 - Mar 2009 (fiscal year) |
| Achieved | 1.3:1 | 1.21:1 | 1.0:1 |
| Target | 1.03:1 - 1.26:1 | 0.68:1 – 0.83:1 | 0.68:1 – 0.83:1 |
| Result | Exceeded target | Exceeded target | Exceeded target |
Gross margin
Percentage of revenue in excess of expenses (excluding building-related net expenses)
| Period | Apr 2006 - Mar 2007 (fiscal year) |
Apr 2007 - Mar 2008 (fiscal year) |
Apr 2008 - Mar 2009 (fiscal year) |
| Achieved | 0.5 % | 0.02% | 0.2% |
| Target | > 0 (balanced budget) | > 0 (balanced budget) | > 0 (balanced budget) |
| Result | Met target | Met target | Met target |
2008-09 revenue and expenses breakdown
For more information, please see our annual reports. Audited financial statements are available by contacting 416-226-6780 ext. 7297.
Please note: our performance indicators are designed to provide you with data about St. John's Rehab Hospital. This information should not replace the advice of a medical professional.