The financial situation of the Sunrise Health Region appears to be improving, but they are still operating in a deficit position.
The Region's 2014-15 Operating Expenses are less than Operating Revenues by $914,730 (2.5 per cent) up to and including May 31, learned the SHR Board at its regular monthly meeting last week.
SHR CEO Suann Laurent told the Board by June the operating deficit had climbed past $1 million, but has been in decline since. She said by July it was down to $912,000.
Then aided by summer holidays, and the arrival of funding from the province, August was down to $334,000.
"We've made some great strides in the budget from where we started the year," she said.
That said, Laurent said they still "have a long way to go," in terms of operating on a balanced budget over an entire year.
"We have to be very mindful of where we are," she said.
