Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Bristol (CT) Hospital ends 2008 with small profit

Hartford Courant, January 20, 2009

Bristol (CT) Hospital ended its fiscal year with a small operating profit, although its parent company sustained a loss, the hospital announced. It was the first time since 2003 that the hospital made money and the second year in a row that it finished without the hefty annual deficits that added up to a $14 million loss between 2004 and 2006. President Kurt Barwis said perhaps the biggest achievement of the year was staying committed to long-term improvements. The hospital's $169,000 year-end profit could have been far larger if officials hadn't recruited new physicians, prepared for expansion of the cancer care center, and made other upgrades, Barwis said.