Lifespan posts $23M operating loss in FY 2019

Updated at 9:07 a.m. on Dec. 10, 2019.

PROVIDENCE – Lifespan Corp. on Wednesday reported a $23 million operating loss for fiscal 2019, following a $30.9 million profit the previous year, and plans a voluntary early-retirement program. Without investment income, Lifespan said, its loss for fiscal 2019, which ended Sept. 30, would have hit $55 million. The health system attributed the poor results…

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