bed closures

The 2015 Annual Report from Barwon Health revealed a budget deficit of $13 million. Barwon Health is Victoria’s largest regional health service and Geelong’s largest employer, with more than 7000 employees across all its operations.

Barwon Health’s board aims for small surpluses, but the report revealed the 2015–16 operating deficit contributed to a total net deficit of $22 million after depreciation and other capital items were accounted for.