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Boston-based Beth Israel posts a gain, not the loss it expected

Boston Globe, December 17, 2009

Boston-based Beth Israel Deaconess Medical Center, which in March warned it was on track to lose $20 million for the 2009 fiscal year, instead managed to post a $10.3 million operating gain for 2009. The gain for the 12 months that ended Sept. 30 represents a turnaround for the 620-bed hospital. Last winter, it laid off about 70 workers, consolidated research operations, and made other cuts to stabilize finances, the Boston Globe reports.