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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.