Hospital Research Income Posts Solid Gain
University Health Network Leads the Pack
TORONTO, Oct. 29, 2013 /CNW/ - Total research income at Canada's 40 leading hospitals expanded by a solid 4.8% in Fiscal 2012, according to Research Infosource Inc., Canada's Source of R&D Intelligence, which today released its annual Canada's Top 40 Research Hospitals List, ranking Canadian hospitals on their success in attracting support for health research.
Combined income for research expanded to $2.3 billion from $2.2 billion in Fiscal 2011. The 2012 result is especially comforting in light of last year's meagre national funding increase of only 0.7%.
Toronto's University Health Network built on its leadership position by attracting $302.3 million of research funding, a growth of 19.4% from the previous year. Montreal's McGill University Health Centre moved into 2nd place nationally with research income rising to $175.7 million; an increase of 14.8% over Fiscal 2011. Toronto's Hospital for Sick Children came in at 3rd place in the national ranking at $171.2 million, an increase of 2.0%. Ottawa Hospital ($152.7 million, 17.5%) and Vancouver Coastal Health Authority ($134.3 million, 11.6%) rounded out the top 5 institutions. Overall, 28 hospitals posted increases in research income in Fiscal 2012, compared with 12 hospitals where income declined or was flat.
For complete information: http://www.researchinfosource.com/top40_hosp.php
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