Total Margin: Measures the percent by which a hospital's total revenues differs from its total expenses, excluding the impact of facility amortization (land, building and building service equipment) in a given year. This number is calculated as the total revenue subtracted by total expenses and then divided by total revenues.
The Hospital Services Accountability Agreement with the Local Health Integrated Network ("LHIN") requires a balanced budget (0%).
St. Michael's Hospital has consistently exceeded the target.