Memorial Hospital: Memorial Hospital president says losses mount to about $3M a month

PAWTUCKET, R.I. - Losing money is nothing new for Memorial Hospital of Rhode Island. But current losses appear to be accelerating.In making a case for why the Pawtucket institution is in need of immediate and dramatic restructuring, hospital president Dr. Michael Dacey recently divulged that Memorial has been losing about $3 million a month.Memorial was running annual losses of roughly $5 million [...]