The cost to park at South Shore Health's three hospitals is on the rise. The health authority's business plan was recently approved by the Department of Health and Wellness. It includes increasing parking costs by a dollar to four dollars beginning in March. Parking fees generate about $430,000 per year, which support the delivery of direct patient care. The increase is expected to generate an additional $140,000 per year in revenue. CEO Dr. Peter Vaughan says the rising cost is necessary to help protect existing programs and services.
Other measures identified in the business plan to help achieve approximately $1.3 million in cost savings include delays in filling vacant positions, administrative efficiencies such as reduced travel and supplies and strategies to reduce sick and overtime cost.
