Boston-area health provider predicts big loss

Cambridge (MA) Health Alliance is facing a potentially "catastrophic" loss this year and is looking to eliminate up to 300 jobs in an effort to stabilize finances. The alliance is a key part of the Boston area's healthcare network, and says it is being hit hard by the state's new healthcare reform law. The law has left the alliance responsible for providing free care for those without insurance while reducing the hospitals' compensation for such services.