Partners HealthCare, the largest health system in Massachusetts, has announced its second-quarter earnings, according to a report by the Boston Globe.
Partners posted a net income of $34 million for its second quarter, which ended Mar. 31. Comparatively, the company lost $185 million during its first quarter, ending Dec. 31. The second-quarter gains brought the company’s deficit for the year to $151 million.
The company reports that it will halt upcoming major projects as a result of the losses.
Read the Boston Globe report on the Partners HealthCare earnings (note: this report is no longer available on the Boston Globe’s website).
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