The Hotel-Dieu Saint Joseph Hospital in Perth-Andover has been unable to provide emergency services since the St. John River spilled its banks.
The hospital's blood collection clinic reopened in April, but most other areas remain closed due to flood damage.
The committee is making recommendations to the provincial and federal governments, including demolishing a flood-prone section of the hospital.
Committee co-chair John Lang says it would cost an estimated $25 million to rebuild that part of the hospital above flood level.
He says similar work was done at the hospital in 1997, and that section of the building was not affected by this year's flood.
(CJCJ, The Canadian Press)