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Lifespan reports $35 million loss in 2019; CEO says layoffs a 'last resort'

By Providence Journal  
   December 05, 2019

Lifespan on Wednesday morning reported a net loss of $35 million for the fiscal year that ended Sept. 30. Dr. Timothy J. Babineau, Lifespan president and CEO, said a number of measures including an early retirement plan are being implemented with the goal of returning to the black in 2020.

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