Healthcare Quarterly, 17(1) May 2014: 42-47.doi:10.12927/hcq.2014.23774
Funding Reform
Mount Sinai Hospital’s Approach to Ontario’s Health System Funding Reform
Tyler Chalk, Davina Lau, Matthew Morgan, Sandra Dietrich, Mary Agnes Beduz and Chaim M. Bell
Abstract
In April 2012, the Ontario government introduced Health System Funding Reform (HSFR), a transformational shift in how hospitals are funded. Mount Sinai Hospital recognized that moving from global funding to a "patient-based" model would have substantial operational and clinical implications. Adjusting to the new funding environment was set as a top corporate priority, serving as the strategic basis for re-examining and redesigning operations to further improve both quality and efficiency. Two years into HSFR, this article outlines Mount Sinai Hospital's approach and highlights key lessons learned.
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