News: Boston-area health provider predicts big loss
Patient Financial Services Weekly Advisor, Boston Globe, March 21, 2008
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 Boston Globe reports.
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.
To read the full story in the Boston Globe, click here.
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