MD Anderson back in the black for the fiscal year

For the first time since January 2016, MD Anderson Cancer Center's operating margins are in the black on a year-to-date basis, according to the Houston research hospital's new financial records. The milepost marks a big turnabout for MD Anderson, given a top official's warning last October that if it didn't gain control of its finances, the institution was on track to lose as much as $450 million in the fiscal year that began Sept. 1 2016 and ends Aug. 31 . It lost $169 million from September through December, then slashed roughly 1,000 jobs in January, 778 of them by layoffs.