Using Resources Wisely
Using our resources wisely, and with accountability to taxpayers and our donors, is essential. The IWK is committed to living within our means and ensuring that we get the best possible value for the resources we have. This effort has allowed us to balance our budget and not run a deficit. We are always exploring new and creative ways to improve program delivery and reduce costs.
Waste Streaming
The IWK’s Neonatal Intensive Care Unit (NICU) – the Health Centre’s largest inpatient unit – developed a new waste management plan. By directing waste into the appropriate streams (general or bio waste), NICU staff are on track to save the Health Centre approximately $40,000 a year, which can be put back into patient care.
3rd Party Reprocessing
In October 2010, the IWK’s operating suites began reprocessing select single-use medical devices. All devices are thoroughly sterilized and functionally tested at a certified reprocessing facility, and must meet original manufacturer’s standards before being returned for use. To date, this initiative has saved the IWK $16,000.
