Monday, November 25, 2013

RI-MUHC posts 15% increase in funding and takes second spot on Research Infosource annual list of Canadian Research Hospital Innovators


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Total research income at Canada’s 40 leading hospitals expanded by a solid 4.8% in Fiscal 2012.







RI-MUHC posts 15% increase in funding and takes second spot on Research Infosource annual list of Canadian Research Hospital Innovators

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. The Research Institute of the McGill University Health Centre (RI-MUHC) 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. The strongest gains in research income were made by Saskatoon Regional Health Authority (81.7%), who made their debut on the list in Fiscal 2012 ranked at 35, followed by Centre de santé et des services sociaux – Institut universitaire de gériatrie de Sherbrooke (76.0%) and Eastern Health Regional Health Authority (72.2%).

For complete information: http://www.researchinfosource.com/top40_hosp.php

About Research Infosource Inc.

Research Infosource Inc., a division of The Impact Group, is Canada's source of R&D intelligence. Research Infosource Inc. publishes Canada’s Innovation Leaders, which includes Canada's Top 100 Corporate R&D Spenders List, Canada's Top 50 Research Universities List, Canada’s Top 40 Research Hospitals List and Canada’s Top 50 Research Colleges List.