Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Massachusetts-based Partners Healthcare, Inc. loses $185 million in quarter

Boston Globe, February 20, 2009

Partners HealthCare Inc., which provides about one-quarter of the medical care in Eastern Massachusetts, said it lost $185 million in its first quarter as a result of big losses in its investments and other financial instruments. The losses will slow the hospital giant's five-year program to build and expand facilities and invest in computers and other healthcare information technology.