Economical Insurance continues supporting Campbellford Memorial Hospital with $10,000 donation in association with Newman, Oliver & McCarten Insurance Brokers Ltd.
CAMPBELLFORD, ON, April 14, 2016 — Once again, a generous donation from Economical Insurance, one of Canada’s leading providers of home, auto and business insurance, is helping support the vital services of the Campbellford Memorial Hospital (CMH) Laboratory with funding for a new chemistry analyzer. In 2014 Economical Insurance funded the $12,909 purchase cost of a new microscope for the laboratory.
The 11-year-old chemistry analyzer used in the CMH Laboratory for monitoring the health and metabolic status of patients from three counties served by the hospital is near the end of its life-span. The $10,000 gift from Economical Insurance will help significantly with the purchase cost of $150,000.
“We are proud to give back to Campbellford in association with Newman, Oliver & McCarten,” said Tom Reikman, Economical’s Chief Operating Officer. “Newman, Oliver & McCarten has been our trusted broker partner in serving the needs of the community for nearly 120 years. This donation meets a definite need at CMH and demonstrates our ongoing commitment to keeping the Campbellford and surrounding area a place where many people are proud to call home.”
Clinical chemistry testing is one of the most important areas in patient testing and is indispensable in measuring kidney, liver, thyroid and cardiac function. Prior to becoming fully operational, the new chemistry analyzer will go through a two-month process of calibration, testing, and results comparisons to make sure it meets criteria and standards before the old analyzer is de-commissioned.
“CMH Laboratory technicians and technologists perform more than 300,000 tests each year using this instrument and the new chemistry analyzer will perform more tests and produce results in a much shorter time. Time is critical when determining the subsequent medications and treatment needed for proper and effective patient care,” said John Russell, executive director of the CMH Foundation. “We are grateful for Economical’s generosity that will allow our laboratory team to continue offering excellence in testing.”
“We are thrilled that Economical Insurance continues to give back to our community,” said Calvin Newman, chair of the CMH Foundation and President of Newman, Oliver & McCarten Insurance Brokers Ltd. “We rely on donations for equipment purchases such as this. My company has represented Economical since 1895, and I am pleased to say that their generous donation will make a big difference to our hospital.”
“The CMH Laboratory is vital to the region as there is no private laboratory in our area that patients can access,” added Mr. Russell. “CMH must provide outpatient laboratory services at no cost to patients throughout our catchment area that includes 30,000 people in Hastings, Northumberland and Peterborough. There is no additional government funding given to CMH regardless of the patient load.”
Campbellford Memorial Hospital (CMH) is a 34-bed health care facility located in Trent Hills. It serves approximately 30,000 Northumberland, Peterborough and Hastings County residents, as well as a large seasonal population of cottagers and tourists enjoying the beautiful Kawartha Lakes Region and the Trent River System.
About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada’s leading property and casualty insurers, with $2.0 billion in premiums and more than $5.3 billion in assets as at December 31, 2015. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, and Economical Financial.
For further information, contact:
Calvin Newman, President
Newman, Oliver & McCarten Insurance Brokers Ltd.
Donor Relations & Communications
Campbellford Memorial Hospital Foundation
(T) 705-653-1140 Ext. 2104